£270,998
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Mar 2020 |
| £225,000 | 13 Apr 2018 |
| £180,000 | 20 Jun 2014 |
| £165,000 | 11 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 March 2020 the House Price Index for DEVON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £225,000 results in an estimated price of approximately £270,998.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £225,000 | £45,998 | £270,998 |
The Postcode Pricing Model uses changes in average sales price within the EX2 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 | -12.725 % | £-28,630 | £196,369 |
| 3 Month Average | 0.671 % | £1,509 | £226,509 |
| 6 Month Average | 15.834 % | £35,625 | £260,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £361,322 | £355,000 | 7 CREELY CLOSE |
| 24 Nov 2023 | £277,102 | £273,000 | 29 LORAM WAY |
| 2 Aug 2023 | £232,030 | £230,000 | 2 LORAM WAY |
| 14 Apr 2023 | £242,612 | £240,000 | 32 DAWLISH ROAD |
| 17 Feb 2023 | £233,843 | £234,000 | 1 OAKTREE PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Feb 2014. Using an estimated price of £270,998 means this house is valued at £3,985 per sq meter (£370 per sq foot).
The average size of a house on LORAM WAY is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Strawberry Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Strawberry Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Creely Close |
| Mar 2024 | Burglary | Under investigation | On or near Kenbury Drive |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Kenbury Drive |