£277,861
This estimated value is based upon the latest sale price for the house of £188,500 on 31 Mar 2015. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £188,500 | 31 Mar 2015 |
| 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 March 2015 the House Price Index for SOMERSET was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £188,500 results in an estimated price of approximately £277,861.
| 31 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £188,500 | £89,361 | £277,861 |
The Postcode Pricing Model uses changes in average sales price within the TA24 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 | 97.172 % | £183,169 | £371,669 |
| 3 Month Average | 71.272 % | £134,347 | £322,847 |
| 6 Month Average | 27.507 % | £51,849 | £240,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £226,986 | £225,000 | 1B MILL LANE |
| 10 Jul 2023 | £283,820 | £280,000 | 1 WEST CLOSE |
| 20 Mar 2023 | £247,330 | £245,000 | 7 PARK STREET |
| 17 Jun 2022 | £273,870 | £270,000 | 14 PARK STREET |
| 4 May 2022 | £346,529 | £340,000 | 1 PARK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Row |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Row |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St George'S Street |