£205,805
This estimated value is based upon the latest sale price for the house of £178,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £178,000 | 18 Dec 2020 |
| £150,000 | 12 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2020 the House Price Index for DEVON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £178,000 results in an estimated price of approximately £205,805.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £178,000 | £27,805 | £205,805 |
The Postcode Pricing Model uses changes in average sales price within the EX32 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 | -1.723 % | £-3,067 | £174,932 |
| 3 Month Average | 2.479 % | £4,412 | £182,412 |
| 6 Month Average | 8.061 % | £14,349 | £192,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £225,113 | £220,000 | 16 ORCHARD ROAD |
| 9 Jun 2023 | £316,339 | £310,000 | 61 NEWPORT ROAD |
| 21 Apr 2023 | £264,956 | £260,000 | 47 CYPRUS TERRACE |
| 4 Apr 2023 | £192,602 | £189,000 | 17 CYPRUS TERRACE |
| 17 Mar 2023 | £213,567 | £210,000 | 37 ORCHARD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Dec 2018. Using an estimated price of £205,805 means this house is valued at £2,744 per sq meter (£254 per sq foot).
The average size of a house on ORCHARD ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Under investigation | On or near Water Lane |
| Jul 2024 | Anti-social behaviour | On or near Water Lane | |
| May 2024 | Anti-social behaviour | On or near Water Lane | |
| May 2024 | Anti-social behaviour | On or near Water Lane | |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Water Lane |