£451,637
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £385,000 | 28 Oct 2020 |
| £250,000 | 1 Sep 2006 |
| £220,000 | 28 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2020 the House Price Index for SOMERSET was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £385,000 results in an estimated price of approximately £451,637.
| 28 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £385,000 | £66,637 | £451,637 |
The Postcode Pricing Model uses changes in average sales price within the TA17 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 | -6.551 % | £-25,222 | £359,777 |
| 3 Month Average | -6.171 % | £-23,757 | £361,242 |
| 6 Month Average | -7.860 % | £-30,259 | £354,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £714,618 | £705,000 | JUBILEE HOUSE MERRIOTT ROAD |
| 23 Jun 2023 | £313,801 | £310,000 | 4 SOUTH STREET |
| 10 Feb 2023 | £547,132 | £547,500 | 2 HINTON CLOSE |
| 6 Sep 2022 | £446,395 | £450,000 | TYNE COTTAGE, 37 HIGH STREET |
| 24 Jan 2022 | £2,210,057 | £2,100,000 | THE OLD RECTORY CHURCH STREET |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 21 Jun 2019. Using an estimated price of £451,637 means this house is valued at £3,701 per sq meter (£343 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Green Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Water Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Water Street |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Water Street |
| Feb 2024 | Burglary | Under investigation | On or near School Lane |