£2,298,009
This estimated value is based upon the latest sale price for the house of £375,000 on 17 May 2023. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £375,000 | 17 May 2023 |
| £275,000 | 11 Nov 2021 |
| £142,500 | 2 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 May 2023 the House Price Index for CITY OF PLYMOUTH was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £375,000 results in an estimated price of approximately £2,298,009.
| 17 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £375,000 | £1,923,009 | £2,298,009 |
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 | -4.693 % | £-17,597 | £357,402 |
| 3 Month Average | 3.233 % | £12,124 | £387,124 |
| 6 Month Average | 2.761 % | £10,353 | £385,353 |
| 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 168 sq meters or 1,808 sq feet when measured on 20 Jul 2021.
The average size of a house on DIAMOND AVENUE is 144 sq meters (1,556 sq feet).