£292,946
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Jul 2016 |
| Semi-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 July 2016 the House Price Index for SOMERSET was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £220,000 results in an estimated price of approximately £292,946.
| 21 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £220,000 | £72,946 | £292,946 |
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 | 18.852 % | £41,473 | £261,473 |
| 3 Month Average | 13.031 % | £28,668 | £248,668 |
| 6 Month Average | 46.214 % | £101,671 | £321,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £355,260 | £350,000 | CHANTRY COTTAGE WILD OAK LANE |
| 1 Sep 2023 | £308,950 | £305,000 | 7 FAIRVIEW TERRACE |
| 23 Mar 2023 | £454,280 | £450,000 | 7 ORCHARD CLOSE |
| 1 Mar 2023 | £153,446 | £152,000 | 3 SOUTH VIEW TERRACE |
| 23 Jun 2022 | £684,676 | £675,000 | ASHLINGS, 9 FURLONG GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Orchard Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Honiton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furlong Green |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Southwell |
| Dec 2023 | Vehicle crime | Under investigation | On or near Brookside Close |