£610,130
This estimated value is based upon the latest sale price for the house of £560,000 on 8 Nov 2021. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £560,000 | 8 Nov 2021 |
| £275,000 | 4 Jun 2007 |
| 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 November 2021 the House Price Index for SOMERSET was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £560,000 results in an estimated price of approximately £610,130.
| 8 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £560,000 | £50,130 | £610,130 |
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 | -51.845 % | £-290,332 | £269,667 |
| 3 Month Average | -13.260 % | £-74,253 | £485,746 |
| 6 Month Average | -3.662 % | £-20,508 | £539,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £714,315 | £700,000 | RHODEL PETHERTON ROAD |
| 3 Mar 2023 | £572,053 | £562,500 | BROOK TURN BROOK STREET |
| 2 Mar 2023 | £457,643 | £450,000 | LOVENS FARM PETHERTON ROAD |
| 26 Jan 2023 | £320,857 | £320,000 | 1 CHURCH ROAD |
| 27 Oct 2022 | £897,004 | £900,000 | THE GREAT HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Church Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Street |
| Jul 2024 | Burglary | Under investigation | On or near Newton Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Newton Road |