£500,375
This estimated value is based upon the latest sale price for the house of £485,000 on 13 Dec 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£485,000 | 13 Dec 2023 |
£385,000 | 12 Feb 2018 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 December 2023 the House Price Index for DEVON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £485,000 results in an estimated price of approximately £500,375.
13 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £485,000 | £15,375 | £500,375 |
The Postcode Pricing Model uses changes in average sales price within the EX12 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 | 67.113 % | £325,496 | £810,496 |
3 Month Average | 0.911 % | £4,418 | £489,418 |
6 Month Average | 9.597 % | £46,544 | £531,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £317,000 | £317,000 | 2 ASH GROVE |
3 May 2024 | £375,500 | £375,500 | 12 PRINCE CHARLES WAY |
13 Dec 2023 | £500,376 | £485,000 | 25 ROWAN DRIVE |
14 Nov 2023 | £369,376 | £360,000 | 15 ROWAN DRIVE |
21 Sep 2023 | £547,059 | £535,000 | 2 GOSLING WALK |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Dec 2017. Using an estimated price of £500,376 means this house is valued at £4,169 per sq meter (£387 per sq foot).
The average size of a house on ROWAN DRIVE is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Close |
May 2024 | Anti-social behaviour | On or near Chestnut Close | |
May 2024 | Anti-social behaviour | On or near Chestnut Close | |
May 2024 | Anti-social behaviour | On or near Chestnut Close | |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Chestnut Close |