£549,119
This estimated value is based upon the latest sale price for the house of £325,000 on 10 Dec 2010. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £325,000 | 10 Dec 2010 |
| £142,995 | 17 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,576 sq feet |
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 December 2010 the House Price Index for SOMERSET was 86.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £325,000 results in an estimated price of approximately £549,119.
| 10 Dec 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 146.7 | 68.960 % | £325,000 | £224,119 | £549,119 |
The Postcode Pricing Model uses changes in average sales price within the TA2 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 | 32.774 % | £106,515 | £431,515 |
| 3 Month Average | 25.078 % | £81,504 | £406,504 |
| 6 Month Average | 42.174 % | £137,066 | £462,066 |
This house has a floor area of 146 sq meters or 1,576 sq feet when measured on 4 Aug 2010.
The average size of a house on CRAIG LEA is 142 sq meters (1,535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Craig Lea |
| Dec 2023 | Anti-social behaviour | On or near Longacre Close | |
| Dec 2023 | Anti-social behaviour | On or near Longacre Close | |
| Dec 2023 | Anti-social behaviour | On or near Longacre Close | |
| Dec 2023 | Anti-social behaviour | On or near Longacre Close |