48 LOMBARDY AVENUE

£321,471

Full Address

48 LOMBARDY AVENUE
CHARD
SOMERSET
UNITED KINGDOM
TA20 2FR

Estimated Market Value

£321,471

This estimated value is based upon the latest sale price for the house of £259,950 on 17 Apr 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1

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Transactions for this house
Price PaidDate
£259,95017 Apr 2020
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 April 2020 the House Price Index for SOMERSET was 121.1.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.

Applying this 23.667% change to the original purchase price of £259,950 results in an estimated price of approximately £321,471.

17 Apr 2020 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
121.1 149.7 23.667 % £259,950 £61,521 £321,471

The Postcode Pricing Model uses changes in average sales price within the TA20 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 -4.264 % £-11,085 £248,864
3 Month Average 29.471 % £76,608 £336,558
6 Month Average 11.576 % £30,091 £290,041
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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