£447,387
This estimated value is based upon the latest sale price for the house of £326,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £326,000 | 15 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 January 2016 the House Price Index for DEVON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £326,000 results in an estimated price of approximately £447,387.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £326,000 | £121,387 | £447,387 |
The Postcode Pricing Model uses changes in average sales price within the PL20 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 | 15.894 % | £51,813 | £377,813 |
| 3 Month Average | 16.072 % | £52,395 | £378,395 |
| 6 Month Average | 43.126 % | £140,589 | £466,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £724,730 | £714,000 | MERRIMEAD MEAVY LANE |
| 22 Sep 2023 | £785,037 | £775,000 | BRACKEN MEAVY LANE |
| 19 Sep 2023 | £653,354 | £645,000 | 2 ST ALBANS PARK |
| 6 Sep 2023 | £557,123 | £550,000 | 2 GRENVILLE PARK |
| 6 Sep 2023 | £709,066 | £700,000 | PENWOOD MEAVY BOURNE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 30 Mar 2015. Using an estimated price of £447,388 means this house is valued at £2,663 per sq meter (£247 per sq foot).
There is one other house on the street which we know the size of, this is 3 MEAVY VILLAS it is 158.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Other theft | Formal action is not in the public interest | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Anti-social behaviour | On or near Supermarket |