£504,837
This estimated value is based upon the latest sale price for the house of £385,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £385,000 | 16 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 2016 the House Price Index for DEVON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £385,000 results in an estimated price of approximately £504,837.
| 16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £385,000 | £119,837 | £504,837 |
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 | 54.582 % | £210,140 | £595,140 |
| 3 Month Average | 35.294 % | £135,882 | £520,882 |
| 6 Month Average | 29.009 % | £111,683 | £496,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £364,414 | £360,000 | 38 GLOSTER ROAD |
| 27 Apr 2023 | £828,925 | £820,000 | PARKSIDE, 37 PARK LANE |
| 24 Feb 2023 | £524,647 | £525,000 | 1 ALBERT VILLAS |
| 3 Feb 2023 | £226,847 | £227,000 | 19 GLOSTER ROAD |
| 3 Jan 2023 | £547,421 | £550,000 | 5 ROCK PARK TERRACE |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 3 Dec 2013. Using an estimated price of £504,838 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on PARK LANE is 158 sq meters (1,705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Trafalgar Gardens |
| Mar 2024 | Drugs | Under investigation | On or near Park Terrace |
| Mar 2024 | Drugs | Under investigation | On or near Park Terrace |
| Mar 2024 | Anti-social behaviour | On or near Park Terrace | |
| Feb 2024 | Public order | Under investigation | On or near Park Terrace |