£464,936
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £350,000 | 30 Sep 2016 |
| 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 September 2016 the House Price Index for SOMERSET was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £350,000 results in an estimated price of approximately £464,936.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £350,000 | £114,936 | £464,936 |
The Postcode Pricing Model uses changes in average sales price within the BA7 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 | -17.949 % | £-62,820 | £287,179 |
| 3 Month Average | 53.057 % | £185,698 | £535,698 |
| 6 Month Average | 25.269 % | £88,440 | £438,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £160,000 | £160,000 | THE OLD READING ROOM |
| 15 Dec 2023 | £809,158 | £795,000 | CHURCH BARN |
| 1 Sep 2023 | £759,714 | £750,000 | CRAMOND HOUSE NORTH BARROW ROAD |
| 14 Apr 2023 | £803,653 | £795,000 | CARN HOUSE NORTH BARROW ROAD |
| 24 Feb 2023 | £367,753 | £368,000 | 2 MOSSMORE COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near North Leaze Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Higher Farm Lane |
| Mar 2024 | Burglary | Under investigation | On or near Cooper'S Ash Lane |
| Mar 2024 | Burglary | Under investigation | On or near High Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lawn Lane |