£241,234
This estimated value is based upon the latest sale price for the house of £159,950 on 22 Oct 2014. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £159,950 | 22 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2014 the House Price Index for DEVON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £159,950 results in an estimated price of approximately £241,234.
| 22 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £159,950 | £81,284 | £241,234 |
The Postcode Pricing Model uses changes in average sales price within the EX2 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 | 43.403 % | £69,423 | £229,373 |
| 3 Month Average | 50.960 % | £81,511 | £241,461 |
| 6 Month Average | 44.375 % | £70,977 | £230,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £241,121 | £235,000 | 16 BROWNING CLOSE |
| 18 Aug 2023 | £132,388 | £130,000 | 116 BURNTHOUSE LANE |
| 30 Jun 2023 | £275,470 | £269,950 | 1 LILAC ROAD |
| 24 Mar 2023 | £246,110 | £242,000 | 2 MAGNOLIA AVENUE |
| 17 Mar 2023 | £361,029 | £355,000 | 128 BURNTHOUSE LANE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Jun 2014. Using an estimated price of £241,235 means this house is valued at £2,436 per sq meter (£226 per sq foot).
The average size of a house on BURNTHOUSE LANE is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kipling Drive |