£647,103
This estimated value is based upon the latest sale price for the house of £635,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£635,000 | 28 Apr 2023 |
£435,000 | 16 Jun 2016 |
£425,000 | 18 Jun 2010 |
£165,000 | 9 Aug 1996 |
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 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 £635,000 results in an estimated price of approximately £647,103.
28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £635,000 | £12,103 | £647,103 |
The Postcode Pricing Model uses changes in average sales price within the TA4 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 | -6.760 % | £-42,927 | £592,072 |
3 Month Average | -10.465 % | £-66,450 | £568,549 |
6 Month Average | -9.598 % | £-60,946 | £574,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2024 | £380,000 | £380,000 | CAREW COTTAGE |
3 Jun 2024 | £500,000 | £500,000 | LINEN ORCHARD FLAT AND NORTH WING CROWCOMBE COURT |
13 Oct 2023 | £322,321 | £315,000 | HAGLEYS COTTAGE |
25 Aug 2023 | £723,041 | £710,000 | DAIRY COTTAGE |
9 Aug 2023 | £382,906 | £376,000 | 5 POUND ORCHARD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Wood Lane | |
Oct 2024 | Anti-social behaviour | On or near Wood Lane | |
Oct 2024 | Anti-social behaviour | On or near Wood Lane | |
Oct 2024 | Anti-social behaviour | On or near Wood Lane | |
Nov 2024 | Other crime | Under investigation | On or near Pound Orchard |