£1,319,075
This estimated value is based upon the latest sale price for the house of £1,215,100 on 6 Sep 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There have been three burglaries within the last year on or near Park Lane
More crime details
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| Price Paid | Date |
|---|---|
| £1,215,100 | 6 Sep 2021 |
| 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 September 2021 the House Price Index for SOMERSET was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £1,215,100 results in an estimated price of approximately £1,319,075.
| 6 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £1,215,100 | £103,975 | £1,319,075 |
The Postcode Pricing Model uses changes in average sales price within the TA5 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 | 39.477 % | £479,690 | £1,694,790 |
| 3 Month Average | 14.184 % | £172,352 | £1,387,452 |
| 6 Month Average | -3.198 % | £-38,863 | £1,176,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £325,168 | £318,000 | BROOK COTTAGE, 5 |
| 14 Sep 2023 | £608,412 | £595,000 | HAZEL BANK |
| 15 Jul 2022 | £1,363,664 | £1,350,000 | CHANTRY HOUSE |
| 26 May 2022 | £473,331 | £461,000 | COOMBES COTTAGE |
| 7 Dec 2021 | £701,550 | £650,000 | LITTLE LOVEDERE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Park Lane |
| Jul 2024 | Burglary | Under investigation | On or near Park Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jul 2024 | Burglary | Under investigation | On or near Park Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frog Lane |