£408,179
This estimated value is based upon the latest sale price for the house of £400,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £400,000 | 30 Jun 2023 |
| £297,000 | 26 Apr 2018 |
| £232,995 | 15 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,531 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 June 2023 the House Price Index for DEVON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £400,000 results in an estimated price of approximately £408,179.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £400,000 | £8,179 | £408,179 |
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 | -6.185 % | £-24,740 | £375,259 |
| 3 Month Average | -9.825 % | £-39,300 | £360,699 |
| 6 Month Average | -11.069 % | £-44,274 | £355,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £517,958 | £510,000 | 29 LIBERTY WAY |
| 23 Aug 2023 | £514,275 | £505,000 | 34 LIBERTY WAY |
| 30 Jun 2023 | £408,180 | £400,000 | 14 RHODE ISLAND DRIVE |
| 21 Oct 2022 | £214,284 | £215,000 | 45 LIBERTY WAY |
| 30 Sep 2022 | £369,753 | £370,000 | 27 RESOLUTION ROAD |
This house has a floor area of 142 sq meters or 1,531 sq feet when measured on 28 Feb 2011. Using an estimated price of £408,180 means this house is valued at £2,868 per sq meter (£266 per sq foot).
The average size of a house on RHODE ISLAND DRIVE is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rhode Island Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rhode Island Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rhode Island Drive |
| Apr 2024 | Other theft | Under investigation | On or near River Plate Road |
| Jul 2024 | Violence and sexual offences | On or near Newcourt (Station) |