£308,881
This estimated value is based upon the latest sale price for the house of £250,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£250,000 | 15 Nov 2019 |
£192,500 | 13 May 2004 |
£135,000 | 5 Dec 2002 |
£87,500 | 17 Nov 2000 |
£72,000 | 13 Jul 1999 |
£46,500 | 30 Jan 1997 |
Terraced |
Freehold |
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 November 2019 the House Price Index for DEVON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £250,000 results in an estimated price of approximately £308,881.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £250,000 | £58,881 | £308,881 |
The Postcode Pricing Model uses changes in average sales price within the EX39 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 | 3.021 % | £7,551 | £257,551 |
3 Month Average | 24.228 % | £60,569 | £310,569 |
6 Month Average | 13.747 % | £34,368 | £284,368 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £255,635 | £250,000 | MARINERS, 1 VERNONS LANE |
5 Sep 2023 | £368,115 | £360,000 | 1 MEETING STREET |
11 Aug 2023 | £549,918 | £540,000 | 8 THE QUAY |
2 Aug 2022 | £773,617 | £770,000 | 19 MARKET STREET |
5 Jul 2022 | £308,087 | £305,000 | 17 THE QUAY |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Tomouth Terrace |