£619,765
This estimated value is based upon the latest sale price for the house of £540,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £540,000 | 16 Dec 2020 |
| Freehold |
| Floor Area: 137 sq meters or 1,474 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOMERSET to estimate the market value.
When this house was purchased in December 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £540,000 results in an estimated price of approximately £619,765.
| 16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £540,000 | £79,765 | £619,765 |
The Postcode Pricing Model uses changes in average sales price within the TA5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -1.280 % | £-6,914 | £533,085 |
| 3 Month Average | -6.828 % | £-36,873 | £503,126 |
| 6 Month Average | -3.761 % | £-20,309 | £519,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £244,274 | £240,000 | 16 FOUR FORKS |
| 8 Sep 2023 | £552,059 | £545,000 | CHARIS FOUR FORKS |
| 6 Jul 2023 | £314,229 | £310,000 | THE STABLES BLACKMORE LANE |
| 25 Aug 2022 | £418,872 | £420,000 | COBB COTTAGE FOUR FORKS |
| 18 Aug 2022 | £249,329 | £250,000 | SUNNYSIDE BUNGALOW CHARLYNCH ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 3 Aug 2020. Using an estimated price of £619,765 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on SPAXTON ROAD is 198 sq meters (2,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Four Forks Lane |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Mill Farm Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Park/Open Space |
| Mar 2024 | Burglary | Under investigation | On or near Park/Open Space |