£672,394
This estimated value is based upon the latest sale price for the house of £117,000 on 29 Nov 1995. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £117,000 | 29 Nov 1995 |
| Detached |
| Freehold |
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 November 1995 the House Price Index for SOMERSET was 26.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.697%.Applying this 474.697% change to the original purchase price of £117,000 results in an estimated price of approximately £672,394.
| 29 Nov 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 149.7 | 474.697 % | £117,000 | £555,394 | £672,394 |
The Postcode Pricing Model uses changes in average sales price within the BS27 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 | 270.859 % | £316,905 | £433,905 |
| 3 Month Average | 483.991 % | £566,269 | £683,269 |
| 6 Month Average | 405.319 % | £474,222 | £591,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £145,000 | £145,000 | BARNCOTT WELLS ROAD |
| 23 Jun 2023 | £576,554 | £565,000 | ROCK HOUSE WELLS ROAD |
| 6 Jun 2023 | £525,532 | £515,000 | THE FARMHOUSE 2 SPRINGHAVEN THE BATCH |
| 18 Aug 2022 | £336,574 | £335,000 | SUNNYMEAD WET LANE |
| 4 May 2022 | £349,095 | £340,000 | BAY COTTAGE BAY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Reeves Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Reeves Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reeves Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reeves Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Eastville Lane |