£380,324
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for SOMERSET 1
There have been two burglaries within the last year on or near New Road
More crime details
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| Price Paid | Date |
|---|---|
| £360,000 | 21 Feb 2022 |
| £290,000 | 18 Jul 2018 |
| 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 February 2022 the House Price Index for SOMERSET was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £360,000 results in an estimated price of approximately £380,324.
| 21 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £360,000 | £20,324 | £380,324 |
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 | 18.302 % | £65,888 | £425,888 |
| 3 Month Average | -3.618 % | £-13,025 | £346,974 |
| 6 Month Average | -16.059 % | £-57,812 | £302,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2022 | £416,950 | £415,000 | 12 LODWELLS ORCHARD |
| 21 Feb 2022 | £380,325 | £360,000 | NEWBRIDGE |
| 6 Jul 2021 | £142,406 | £123,000 | 8 SYCAMORE ROW |
| 30 Jun 2021 | £172,128 | £159,250 | LINDEN COTTAGE, 20 QUEEN SQUARE |
| 10 Mar 2021 | £616,742 | £550,000 | THE OLD SCHOOL MOOR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near New Road |
| May 2024 | Burglary | Under investigation | On or near New Road |
| Jul 2024 | Other theft | Under investigation | On or near Parking Area |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lockyers Field |