£216,562
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Aug 2009. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Aug 2009 |
| Detached |
| 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 2009 the House Price Index for SOMERSET was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £120,000 results in an estimated price of approximately £216,562.
| 28 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £120,000 | £96,562 | £216,562 |
The Postcode Pricing Model uses changes in average sales price within the TA3 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 | 0.261 % | £312 | £120,312 |
| 3 Month Average | 23.759 % | £28,510 | £148,510 |
| 6 Month Average | 65.136 % | £78,163 | £198,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £750,095 | £740,000 | HILLEAZE |
| 1 Jun 2023 | £156,901 | £155,000 | BEECHOLME LIPE LANE |
| 28 Apr 2023 | £227,449 | £225,000 | 3 THE GROVE |
| 18 Nov 2022 | £553,298 | £560,000 | LAUREL LODGE |
| 31 Oct 2022 | £519,407 | £525,000 | LYNCROFT LIPE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Gravelands Lane | |
| Dec 2023 | Anti-social behaviour | On or near Gravelands Lane | |
| Dec 2023 | Public order | Under investigation | On or near Gravelands Lane |
| Dec 2023 | Anti-social behaviour | On or near Gravelands Lane | |
| Dec 2023 | Anti-social behaviour | On or near Gravelands Lane |