£931,299
This estimated value is based upon the latest sale price for the house of £565,000 on 1 Oct 2013. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £565,000 | 1 Oct 2013 |
| £335,000 | 20 Jul 2004 |
| 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 October 2013 the House Price Index for SOMERSET was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £565,000 results in an estimated price of approximately £931,299.
| 1 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £565,000 | £366,299 | £931,299 |
The Postcode Pricing Model uses changes in average sales price within the TA9 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 | 49.392 % | £279,066 | £844,066 |
| 3 Month Average | 19.142 % | £108,151 | £673,151 |
| 6 Month Average | 35.387 % | £199,935 | £764,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £153,907 | £150,000 | 2 LAKEHOUSE COTTAGES LAKE HOUSE LANE |
| 26 Oct 2023 | £358,134 | £350,000 | 7 PROSPECT CLOSE |
| 22 Sep 2023 | £373,227 | £365,000 | WESTFIELD OLD BRISTOL ROAD |
| 4 Apr 2023 | £270,051 | £265,000 | UNIT 8 MILL BATCH FARM |
| 31 Mar 2023 | £274,077 | £269,500 | 3 ORCHARD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jarvis Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Bristol Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Bristol Road |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Old Bristol Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Orchard Close |