£451,758
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Old School Lane
More crime details
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| Price Paid | Date |
|---|---|
| £350,000 | 30 Jun 2017 |
| 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 June 2017 the House Price Index for SOMERSET was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £350,000 results in an estimated price of approximately £451,758.
| 30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £350,000 | £101,758 | £451,758 |
The Postcode Pricing Model uses changes in average sales price within the TA7 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 | 10.235 % | £35,824 | £385,824 |
| 3 Month Average | 35.780 % | £125,228 | £475,228 |
| 6 Month Average | 22.574 % | £79,008 | £429,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £342,785 | £335,000 | 16 KING WILLIAM ROAD |
| 3 Mar 2023 | £299,247 | £294,250 | 6 LIPPETTS WAY |
| 13 Jul 2022 | £454,555 | £450,000 | MARINERS BROOK LANE |
| 13 Jun 2022 | £321,881 | £315,000 | 11 LIPPETTS WAY |
| 9 May 2022 | £1,103,755 | £1,075,000 | ROSE FARM SCOTTS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Old School Lane |
| May 2024 | Burglary | Under investigation | On or near Manor Road |
| May 2024 | Burglary | Under investigation | On or near Manor Road |
| Jul 2024 | Burglary | Under investigation | On or near Scotts Lane |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Suprema Avenue |