£273,401
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £265,000 | 15 Dec 2023 |
| £192,500 | 15 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 £265,000 results in an estimated price of approximately £273,401.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £265,000 | £8,401 | £273,401 |
The Postcode Pricing Model uses changes in average sales price within the EX8 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 | -27.666 % | £-73,314 | £191,685 |
| 3 Month Average | -9.420 % | £-24,962 | £240,037 |
| 6 Month Average | -9.963 % | £-26,401 | £238,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £321,000 | £321,000 | 4 NORMAN CLOSE |
| 3 May 2024 | £280,000 | £280,000 | 14A MARIONS WAY |
| 15 Dec 2023 | £273,401 | £265,000 | 26 RICHARDS CLOSE |
| 30 Jun 2023 | £311,237 | £305,000 | 32 BIRCHWOOD ROAD |
| 20 Jun 2023 | £326,544 | £320,000 | 12 ARTHURS CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 2 Feb 2016. Using an estimated price of £273,401 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on RICHARDS CLOSE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Richards Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marions Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spencer Close |
| Oct 2024 | Anti-social behaviour | On or near Cunningham Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cunningham Road |