£304,508
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Jan 2024. 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 Minehead Road
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| Price Paid | Date |
|---|---|
| £300,000 | 2 Jan 2024 |
| £330,000 | 20 Nov 2020 |
| 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 January 2024 the House Price Index for SOMERSET was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £300,000 results in an estimated price of approximately £304,508.
| 2 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £300,000 | £4,508 | £304,508 |
The Postcode Pricing Model uses changes in average sales price within the TA4 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 | 51.075 % | £153,224 | £453,224 |
| 3 Month Average | 7.321 % | £21,962 | £321,962 |
| 6 Month Average | -0.796 % | £-2,387 | £297,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £343,001 | £340,000 | 14 STATION GREEN |
| 11 Apr 2023 | £323,483 | £320,000 | 7 GORE SQUARE |
| 11 Jan 2023 | £191,100 | £192,000 | FLAT 1 WAYSIDE HOUSE TAUNTON ROAD |
| 25 Aug 2022 | £369,007 | £370,000 | HAZELHURST MINEHEAD ROAD |
| 22 Jul 2022 | £350,945 | £350,000 | 1 TAUNTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Minehead Road |
| Jan 2024 | Drugs | Under investigation | On or near Station Green |
| Dec 2023 | Vehicle crime | Under investigation | On or near Station Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenway |