£299,834
This estimated value is based upon the latest sale price for the house of £198,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There has been one burglary within the last year on or near Veal Lane
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| Price Paid | Date |
|---|---|
| £198,000 | 8 Aug 2014 |
| £168,000 | 12 May 2011 |
| Terraced |
| 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 August 2014 the House Price Index for SOMERSET was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £198,000 results in an estimated price of approximately £299,834.
| 8 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £198,000 | £101,834 | £299,834 |
The Postcode Pricing Model uses changes in average sales price within the BA5 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 | 25.817 % | £51,117 | £249,117 |
| 3 Month Average | 57.621 % | £114,089 | £312,089 |
| 6 Month Average | 48.575 % | £96,177 | £294,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £305,342 | £300,000 | 25 NEW SQUARE |
| 15 Dec 2023 | £468,192 | £460,000 | 9 NEW CLOSE |
| 28 Apr 2023 | £272,939 | £270,000 | 6 NEW SQUARE |
| 13 Oct 2022 | £840,945 | £850,000 | LITTLE BUSH CLOSE |
| 20 May 2022 | £519,794 | £510,000 | OLD CHAPEL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Veal Lane |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Drugs | Further action is not in the public interest | On or near Sports/Recreation Area |