£220,760
This estimated value is based upon the latest sale price for the house of £180,000 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 |
|---|---|
| £180,000 | 15 Nov 2019 |
| Flats/Maisonettes |
| Leasehold |
| 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 November 2019 the House Price Index for DEVON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £180,000 results in an estimated price of approximately £220,760.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £180,000 | £40,760 | £220,760 |
The Postcode Pricing Model uses changes in average sales price within the EX8 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 | -27.748 % | £-49,945 | £130,054 |
| 3 Month Average | 13.008 % | £23,414 | £203,414 |
| 6 Month Average | 28.717 % | £51,690 | £231,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £592,577 | £585,000 | 19 THE STRAND |
| 17 Mar 2023 | £129,217 | £128,000 | FLAT 2 3 MANCHESTER ROAD |
| 10 Feb 2023 | £64,956 | £65,000 | FLAT 8 CHESTER COURT MANCHESTER ROAD |
| 20 May 2022 | £321,049 | £315,000 | 8 ROLLE STREET |
| 8 Apr 2022 | £258,994 | £251,500 | 13 PALACE COTTAGES |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Nov 2021. Using an estimated price of £220,760 means this house is valued at £2,044 per sq meter (£189 per sq foot).
The average size of a house on THE STRAND is 74 sq meters (798 sq feet).