£397,533
This estimated value is based upon the latest sale price for the house of £325,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £325,000 | 15 May 2020 |
| £253,000 | 17 Mar 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 May 2020 the House Price Index for SOMERSET was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £325,000 results in an estimated price of approximately £397,533.
| 15 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £325,000 | £72,533 | £397,533 |
The Postcode Pricing Model uses changes in average sales price within the TA3 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 | -9.353 % | £-30,397 | £294,602 |
| 3 Month Average | -2.787 % | £-9,058 | £315,941 |
| 6 Month Average | 18.578 % | £60,377 | £385,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £305,342 | £300,000 | THE DELL OUTWOOD |
| 7 Jul 2023 | £1,216,371 | £1,200,000 | STARSLANDS FARM HEDGING LANE |
| 14 Apr 2023 | £322,978 | £319,500 | 152 |
| 21 Oct 2022 | £840,945 | £850,000 | BIRDS COTTAGE |
| 24 Sep 2022 | £710,264 | £716,000 | RAILWAY HOTEL OUTWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frog Lane |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Higher Knapp Lane |
| Feb 2024 | Vehicle crime | Under investigation | On or near Northmoor Lane |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane |