£1,509,630
This estimated value is based upon the latest sale price for the house of £1,277,435 on 1 Oct 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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Price Paid | Date |
---|---|
£1,277,435 | 1 Oct 2020 |
£600,000 | 26 May 1995 |
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 2020 the House Price Index for SOMERSET was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £1,277,435 results in an estimated price of approximately £1,509,630.
1 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £1,277,435 | £232,195 | £1,509,630 |
The Postcode Pricing Model uses changes in average sales price within the TA3 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 | 10.677 % | £136,385 | £1,413,820 |
3 Month Average | -0.365 % | £-4,656 | £1,272,778 |
6 Month Average | 3.245 % | £41,451 | £1,318,886 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £773,777 | £750,000 | HACIENDA LIPE LANE |
12 Oct 2023 | £214,369 | £209,500 | 7 THE GROVE |
1 Jun 2023 | £158,170 | £155,000 | BEECHOLME LIPE LANE |
31 Oct 2022 | £523,252 | £525,000 | LYNCROFT LIPE LANE |
26 Aug 2022 | £246,151 | £245,000 | 6 GRAVELANDS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Under investigation | On or near Mattock'S Tree Hill |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henlade Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henlade Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henlade Close |
Aug 2024 | Burglary | Under investigation | On or near Ivy House Park |