£680,752
This estimated value is based upon the latest sale price for the house of £495,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £495,000 | 5 Feb 2016 |
| £425,000 | 2 Jul 2004 |
| £226,000 | 23 May 2003 |
| 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 February 2016 the House Price Index for SOMERSET was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £495,000 results in an estimated price of approximately £680,752.
| 5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £495,000 | £185,752 | £680,752 |
The Postcode Pricing Model uses changes in average sales price within the BA8 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 | 86.350 % | £427,432 | £922,432 |
| 3 Month Average | 87.560 % | £433,420 | £928,420 |
| 6 Month Average | 59.629 % | £295,161 | £790,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £800,000 | £800,000 | ROSE COTTAGE |
| 15 Sep 2023 | £2,454,099 | £2,400,000 | GROVE FARM HOUSE |
| 29 Jun 2023 | £867,382 | £850,000 | GROVE LODGE |
| 31 Mar 2023 | £889,861 | £875,000 | MOORSES COTTAGE |
| 13 Mar 2023 | £1,322,079 | £1,300,000 | THE GARDENS COTTAGE HARDINGS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lower Cheriton Lane |
| May 2024 | Other crime | Under investigation | On or near Holton Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holton Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Parking Area |