£1,549,413
This estimated value is based upon the latest sale price for the house of £1,350,000 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £1,350,000 | 21 Dec 2020 |
| Freehold |
| Floor Area: 474 sq meters or 5,108 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 December 2020 the House Price Index for SOMERSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,549,413.
| 21 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £1,350,000 | £199,413 | £1,549,413 |
The Postcode Pricing Model uses changes in average sales price within the TA12 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 | -44.534 % | £-601,209 | £748,790 |
| 3 Month Average | 4.340 % | £58,589 | £1,408,589 |
| 6 Month Average | -6.212 % | £-83,860 | £1,266,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £607,771 | £600,000 | TRIWAYS FOLDHILL LANE |
| 24 Jul 2023 | £170,799 | £168,500 | 61 MAIN STREET |
| 15 Jun 2023 | £242,943 | £240,000 | LOT 6A MIDWAY FARM ASH LANE |
| 14 Feb 2023 | £202,364 | £202,500 | 33 EASTFIELDS |
| 18 Jul 2022 | £165,445 | £165,000 | 31 EASTFIELDS |
This house has a floor area of 474 sq meters or 5,108 sq feet when measured on 16 Jan 2012. Using an estimated price of £1,549,413 means this house is valued at £3,264 per sq meter (£303 per sq foot).
The average size of a house on FOLDHILL LANE is 186 sq meters (2,006 sq feet).
This house is the largest in the street with a floor area of 474 sq meters (5,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Martock Lane |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Gildings Drove |
| Mar 2024 | Other theft | Under investigation | On or near Bearley Road |