£573,856
This estimated value is based upon the latest sale price for the house of £500,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £500,000 | 2 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £500,000 results in an estimated price of approximately £573,856.
| 2 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £500,000 | £73,856 | £573,856 |
The Postcode Pricing Model uses changes in average sales price within the EX36 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 | 70.377 % | £351,883 | £851,883 |
| 3 Month Average | 0.501 % | £2,503 | £502,503 |
| 6 Month Average | 20.068 % | £100,337 | £600,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £223,918 | £220,000 | 22 NADDER MEADOW |
| 4 Aug 2023 | £262,295 | £260,000 | 6 OAKTREE ROAD |
| 28 Apr 2023 | £303,265 | £300,000 | 5 OAKTREE ROAD |
| 28 Apr 2023 | £151,228 | £149,600 | 3 TANNERY CLOSE |
| 31 Mar 2023 | £248,844 | £246,500 | 89 NADDER MEADOW |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 25 Oct 2019. Using an estimated price of £573,857 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on NADDER LANE is 211 sq meters (2,280 sq feet).
This house is the largest in the street with a floor area of 209 sq meters (2,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Magdalene Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Magdalene Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Magdalene Way |
| Mar 2024 | Other theft | Under investigation | On or near Magdalene Way |
| Jan 2024 | Drugs | Local resolution | On or near Magdalene Way |