£221,136
This estimated value is based upon the latest sale price for the house of £217,000 on 25 Apr 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £217,000 | 25 Apr 2023 |
| £195,000 | 13 Aug 2021 |
| £187,500 | 27 Aug 2013 |
| £244,450 | 29 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 April 2023 the House Price Index for SOMERSET was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £217,000 results in an estimated price of approximately £221,136.
| 25 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £217,000 | £4,136 | £221,136 |
The Postcode Pricing Model uses changes in average sales price within the BA5 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 | 12.743 % | £27,652 | £244,652 |
| 3 Month Average | -7.975 % | £-17,306 | £199,693 |
| 6 Month Average | -6.805 % | £-14,765 | £202,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £113,487 | £110,000 | FLAT 34 MONDYES COURT MILTON LANE |
| 10 Nov 2023 | £277,032 | £270,000 | 84 ASH CLOSE |
| 19 Oct 2023 | £141,207 | £138,000 | FLAT 26 MONDYES COURT MILTON LANE |
| 1 Sep 2023 | £971,414 | £950,000 | CHERRY TREE HOUSE, 10 LOVERS WALK |
| 23 Aug 2023 | £181,269 | £178,000 | FLAT 31 MONDYES COURT MILTON LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 17 May 2013. Using an estimated price of £221,136 means this house is valued at £3,685 per sq meter (£342 per sq foot).
The average size of a house on MILTON LANE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Montery Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Montery Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chamberlain Street |
| Jun 2024 | Anti-social behaviour | On or near Chamberlain Street | |
| Jun 2024 | Anti-social behaviour | On or near Chamberlain Street |