£854,581
This estimated value is based upon the latest sale price for the house of £500,000 on 22 Mar 2012. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £500,000 | 22 Mar 2012 |
| 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 2012 the House Price Index for SOMERSET was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £500,000 results in an estimated price of approximately £854,581.
| 22 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £500,000 | £354,581 | £854,581 |
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 | 18.217 % | £91,084 | £591,084 |
| 3 Month Average | 35.127 % | £175,635 | £675,635 |
| 6 Month Average | 63.190 % | £315,951 | £815,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £608,186 | £600,000 | STONECREST BOROUGH POST |
| 21 Oct 2022 | £840,945 | £850,000 | BIRDS COTTAGE |
| 21 Feb 2022 | £377,530 | £360,000 | NEWBRIDGE |
| 25 Jan 2022 | £952,429 | £905,000 | HIGHFIELD HOUSE |
| 1 Dec 2021 | £599,971 | £560,000 | TRIANGLE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Higher Knapp Lane |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Jan 2024 | Anti-social behaviour | On or near Horsecroft Lane | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Nine Acre Lane |