£264,525
This estimated value is based upon the latest sale price for the house of £213,500 on 18 Jan 2018. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £213,500 | 18 Jan 2018 |
| £180,000 | 27 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2018 the House Price Index for SOMERSET was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £213,500 results in an estimated price of approximately £264,525.
| 18 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £213,500 | £51,025 | £264,525 |
The Postcode Pricing Model uses changes in average sales price within the TA6 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 | 12.835 % | £27,402 | £240,902 |
| 3 Month Average | 15.137 % | £32,317 | £245,817 |
| 6 Month Average | 21.492 % | £45,885 | £259,385 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 Jun 2013.
The average size of a house on COLLEY LANE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Grebe Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grebe Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grebe Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grebe Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grebe Road |