£272,703
This estimated value is based upon the latest sale price for the house of £222,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £222,000 | 19 Jul 2019 |
| £89,950 | 12 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 July 2019 the House Price Index for DEVON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £222,000 results in an estimated price of approximately £272,703.
| 19 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £222,000 | £50,703 | £272,703 |
The Postcode Pricing Model uses changes in average sales price within the EX4 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 | 18.534 % | £41,145 | £263,145 |
| 3 Month Average | 8.670 % | £19,246 | £241,246 |
| 6 Month Average | 18.131 % | £40,249 | £262,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £294,090 | £292,500 | 9 SUMMERWAY |
| 22 Feb 2023 | £348,352 | £350,000 | 19 SUMMER LANE |
| 3 Nov 2022 | £172,207 | £175,000 | 16 BROOK CLOSE |
| 1 Aug 2022 | £471,812 | £475,000 | 14 THE MEDE |
| 14 Jan 2022 | £262,040 | £250,000 | 8 SUMMER CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 15 Mar 2019. Using an estimated price of £272,704 means this house is valued at £6,060 per sq meter (£563 per sq foot).
The average size of a house on SUMMER CLOSE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Summer Close |