£399,435
This estimated value is based upon the latest sale price for the house of £232,500 on 14 May 2012. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £232,500 | 14 May 2012 |
| £139,950 | 31 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,034 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 May 2012 the House Price Index for DEVON was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £232,500 results in an estimated price of approximately £399,435.
| 14 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £232,500 | £166,935 | £399,435 |
The Postcode Pricing Model uses changes in average sales price within the EX7 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 | 57.462 % | £133,599 | £366,099 |
| 3 Month Average | 63.866 % | £148,487 | £380,987 |
| 6 Month Average | 65.622 % | £152,570 | £385,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £289,345 | £282,000 | 49 LOWER DRIVE |
| 10 Nov 2023 | £338,544 | £329,950 | 44 HIGHER DRIVE |
| 2 Nov 2023 | £436,069 | £425,000 | 1 LAMBERT CLOSE |
| 1 Nov 2023 | £368,350 | £359,000 | 3 LOWER DRIVE |
| 2 Jun 2023 | £411,752 | £403,500 | 31 LOWER DRIVE |
This house has a floor area of 96 sq meters or 1,034 sq feet when measured on 21 Mar 2012. Using an estimated price of £399,435 means this house is valued at £4,157 per sq meter (£386 per sq foot).
The average size of a house on LOWER DRIVE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambert Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Warren Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warren Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warren Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warren Road |