£473,707
This estimated value is based upon the latest sale price for the house of £460,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for DEVON 1
There has been one burglary within the last year on or near Philip Avenue
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| Price Paid | Date |
|---|---|
| £460,000 | 22 Apr 2022 |
| £260,000 | 17 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 sq feet |
This model uses changes in the Official Land Registry House Price Index for DEVON to estimate the market value.
When this house was purchased in April 2022 the House Price Index for DEVON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £460,000 results in an estimated price of approximately £473,707.
| 22 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £460,000 | £13,707 | £473,707 |
The Postcode Pricing Model uses changes in average sales price within the EX31 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 | 43.405 % | £199,661 | £659,661 |
| 3 Month Average | 5.416 % | £24,913 | £484,913 |
| 6 Month Average | 1.887 % | £8,681 | £468,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £353,810 | £350,000 | 34 ELIZABETH DRIVE |
| 30 Mar 2023 | £676,372 | £670,000 | 1 PHILIP AVENUE |
| 7 Mar 2023 | £312,948 | £310,000 | 5 ELIZABETH DRIVE |
| 16 Nov 2022 | £298,386 | £302,000 | 33A OLD TORRINGTON ROAD |
| 28 Apr 2022 | £720,859 | £700,000 | 3 OLD TORRINGTON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 9 Oct 2018. Using an estimated price of £473,708 means this house is valued at £4,386 per sq meter (£407 per sq foot).
The average size of a house on ELIZABETH CLOSE is 123 sq meters (1,329 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Philip Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Philip Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Philip Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Philip Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |