£275,624
This estimated value is based upon the latest sale price for the house of £218,000 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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Price Paid | Date |
---|---|
£218,000 | 29 Jan 2018 |
£220,000 | 16 Dec 2014 |
£205,000 | 23 May 2008 |
Terraced |
Freehold |
Floor Area: 152 sq meters or 1,636 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PLYMOUTH to estimate the market value.
When this house was purchased in January 2018 the House Price Index for CITY OF PLYMOUTH was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £218,000 results in an estimated price of approximately £275,624.
29 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £218,000 | £57,624 | £275,624 |
The Postcode Pricing Model uses changes in average sales price within the PL4 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 | 46.574 % | £101,532 | £319,532 |
3 Month Average | 31.960 % | £69,673 | £287,673 |
6 Month Average | 22.235 % | £48,472 | £266,472 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £155,387 | £153,000 | GROUND FLOOR FLAT 37A LIPSON ROAD |
21 Dec 2023 | £154,755 | £150,000 | FLAT 4 PARK HOUSE, 6 GREENBANK TERRACE |
30 Jun 2023 | £408,180 | £400,000 | 1 WOODSIDE |
25 Apr 2023 | £170,183 | £167,000 | FIRST FLOOR FLAT 6 WOODSIDE |
5 May 2022 | £138,611 | £135,000 | FLAT 1 PARK HOUSE, 6 GREENBANK TERRACE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 28 Jan 2014. Using an estimated price of £275,624 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on DIAMOND AVENUE is 144 sq meters (1,556 sq feet).