£650,828
This estimated value is based upon the latest sale price for the house of £450,000 on 25 Jun 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £450,000 | 25 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 sq feet |
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 June 2015 the House Price Index for SOMERSET was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £450,000 results in an estimated price of approximately £650,828.
| 25 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.0 | 44.629 % | £450,000 | £200,828 | £650,828 |
The Postcode Pricing Model uses changes in average sales price within the TA21 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 | -4.400 % | £-19,802 | £430,197 |
| 3 Month Average | 38.378 % | £172,702 | £622,702 |
| 6 Month Average | 40.291 % | £181,308 | £631,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £437,661 | £435,000 | 19 ROPE WALK |
| 1 Aug 2023 | £427,600 | £425,000 | NOWERS NURSERIES NOWERS LANE |
| 10 Feb 2023 | £418,023 | £420,000 | 32 ROPE WALK |
| 10 Feb 2023 | £323,470 | £325,000 | 112 BURROUGH WAY |
| 4 Aug 2022 | £345,168 | £347,500 | 99 BURROUGH WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Immenstadt Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near The Brambles |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nowers Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nowers Lane |
| Feb 2024 | Burglary | Under investigation | On or near Nowers Lane |