£162,295
This estimated value is based upon the latest sale price for the house of £130,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £130,000 | 6 Jul 2018 |
| 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 July 2018 the House Price Index for SOMERSET was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £130,000 results in an estimated price of approximately £162,295.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £130,000 | £32,295 | £162,295 |
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 | 40.559 % | £52,726 | £182,726 |
| 3 Month Average | 27.777 % | £36,110 | £166,110 |
| 6 Month Average | 48.565 % | £63,134 | £193,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £312,716 | £310,000 | 7 LAKEVIEW CRESCENT |
| 21 Sep 2023 | £110,434 | £108,000 | 10 ORCHARD COURT WALROW ROAD |
| 6 Mar 2023 | £508,492 | £500,000 | M L MANUFLEX EVERCREECH WAY |
| 7 Sep 2022 | £149,900 | £150,000 | 7A WALROW TERRACE |
| 6 Jul 2022 | £141,417 | £140,000 | 7 SOMERSET WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Lakeview Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakeview Crescent |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lakeview Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakeview Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakeview Crescent |