£10,362
This estimated value is based upon the latest sale price for the house of £10,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £10,000 | 8 Mar 2022 |
| £480,000 | 25 Oct 2017 |
| £145,750 | 2 Oct 1998 |
| 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 March 2022 the House Price Index for SOMERSET was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £10,000 results in an estimated price of approximately £10,362.
| 8 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £10,000 | £362 | £10,362 |
The Postcode Pricing Model uses changes in average sales price within the BS25 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 | 55.807 % | £5,580 | £15,580 |
| 3 Month Average | 11.964 % | £1,196 | £11,196 |
| 6 Month Average | 31.202 % | £3,120 | £13,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £734,506 | £735,000 | APPLE ACRE |
| 17 Jun 2022 | £380,375 | £375,000 | SPRINGFIELD LODGE BROADWAY |
| 6 May 2022 | £529,986 | £520,000 | WESTCOT ELM CLOSE |
| 8 Mar 2022 | £10,363 | £10,000 | 6 ELM CLOSE |
| 16 Feb 2022 | £482,399 | £460,000 | EDGEHILL THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Close |
| Jan 2024 | Burglary | Under investigation | On or near The Square |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Down Lane |
| Mar 2024 | Other crime | Under investigation | On or near Folly Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bristol Road |