£352,861
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for SOMERSET 1
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| Price Paid | Date |
|---|---|
| £350,000 | 16 Jun 2023 |
| 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 June 2023 the House Price Index for SOMERSET was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £350,000 results in an estimated price of approximately £352,861.
| 16 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £350,000 | £2,861 | £352,861 |
The Postcode Pricing Model uses changes in average sales price within the TA1 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 | 5.346 % | £18,710 | £368,710 |
| 3 Month Average | 3.819 % | £13,365 | £363,365 |
| 6 Month Average | -6.153 % | £-21,536 | £328,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £117,218 | £115,000 | 21 THE OCTAGON |
| 10 Nov 2023 | £830,664 | £820,000 | WHIRLIGIG HOUSE CHURCH SQUARE |
| 28 Jul 2023 | £212,005 | £210,000 | 15 MIDDLE STREET |
| 27 Jul 2023 | £42,401 | £42,000 | 4 LOWER MIDDLE STREET |
| 16 Jun 2023 | £352,861 | £350,000 | THE BANK RESTAURANT & BAR MIDDLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Middle Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Lower Middle Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Lower Middle Street |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Lower Middle Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lower Middle Street |