£361,430
This estimated value is based upon the latest sale price for the house of £278,000 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £278,000 | 10 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2017 the House Price Index for DEVON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £278,000 results in an estimated price of approximately £361,430.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £278,000 | £83,430 | £361,430 |
The Postcode Pricing Model uses changes in average sales price within the EX33 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 | -28.251 % | £-78,536 | £199,463 |
| 3 Month Average | 18.826 % | £52,336 | £330,336 |
| 6 Month Average | 51.307 % | £142,634 | £420,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £284,208 | £280,000 | 15 ARLINGTON TERRACE |
| 13 Sep 2023 | £557,123 | £550,000 | NAUMAI COLLEY PARK ROAD |
| 18 Jul 2023 | £172,319 | £170,000 | FLAT 4 BROOKDALE APARTMENTS, 62 SOUTH STREET |
| 31 Mar 2023 | £582,993 | £577,500 | 52B SOUTH STREET |
| 6 Jan 2023 | £328,453 | £330,000 | VAI HIVA COLLEY PARK ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Nov 2016. Using an estimated price of £361,431 means this house is valued at £3,688 per sq meter (£342 per sq foot).
The average size of a house on WELLCLOSE ROAD is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Colley Park Road | |
| Mar 2024 | Anti-social behaviour | On or near Colley Park Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookfield Close |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |