£430,616
This estimated value is based upon the latest sale price for the house of £424,000 on 26 Mar 2024. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £424,000 | 26 Mar 2024 |
| Semi-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 March 2024 the House Price Index for SOMERSET was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £424,000 results in an estimated price of approximately £430,616.
| 26 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £424,000 | £6,616 | £430,616 |
The Postcode Pricing Model uses changes in average sales price within the TA10 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 | 10.832 % | £45,929 | £469,929 |
| 3 Month Average | 65.498 % | £277,711 | £701,711 |
| 6 Month Average | 7.816 % | £33,141 | £457,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £430,616 | £424,000 | THE MERCHANTS HOUSE THE HILL |
| 29 Sep 2023 | £1,267,951 | £1,240,000 | HILL HOUSE THE HILL |
| 1 Mar 2023 | £147,463 | £145,000 | FLAT 2 STONEHOUSE COURT NORTH STREET |
| 24 Oct 2022 | £513,286 | £515,000 | GARDENSIDE 4 ST GILDAS CLOSE |
| 22 Jul 2022 | £196,974 | £195,000 | FLAT B NORTON HOUSE CHEAPSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Bush Place |
| Jul 2024 | Public order | Under investigation | On or near Cheapside |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cheapside |
| May 2024 | Criminal damage and arson | Under investigation | On or near Cheapside |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cheapside |