£232,736
This estimated value is based upon the latest sale price for the house of £180,050 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £180,050 | 28 Apr 2017 |
| £21,930 | 12 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2017 the House Price Index for DEVON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £180,050 results in an estimated price of approximately £232,736.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £180,050 | £52,686 | £232,736 |
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 | 12.949 % | £23,314 | £203,364 |
| 3 Month Average | -1.256 % | £-2,260 | £177,789 |
| 6 Month Average | 26.364 % | £47,467 | £227,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £167,938 | £165,000 | 5 GLASTONBURY CLOSE |
| 1 Dec 2023 | £167,938 | £165,000 | 122A LANCELOT ROAD |
| 21 Jul 2023 | £265,574 | £262,000 | 4 SAVOY HILL |
| 7 Jul 2023 | £248,342 | £245,000 | 65 LANCELOT ROAD |
| 30 Jun 2023 | £128,557 | £127,000 | 18 ELAINE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Jan 2017. Using an estimated price of £232,737 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on LANCELOT ROAD is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Possession of weapons | Local resolution | On or near Badon Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avalon Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Avalon Close |
| Feb 2024 | Drugs | Under investigation | On or near Glastonbury Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Glastonbury Close |