£508,732
This estimated value is based upon the latest sale price for the house of £440,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £440,000 | 16 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2020 the House Price Index for DEVON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £440,000 results in an estimated price of approximately £508,732.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £440,000 | £68,732 | £508,732 |
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 | -2.507 % | £-11,028 | £428,971 |
| 3 Month Average | -10.959 % | £-48,219 | £391,780 |
| 6 Month Average | 3.617 % | £15,915 | £455,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £324,986 | £315,000 | 12 KINGFISHER CLOSE |
| 26 Sep 2023 | £313,920 | £307,000 | 7 KINGFISHER CLOSE |
| 19 Apr 2023 | £450,934 | £442,500 | 4 MABRY WAY |
| 19 Apr 2023 | £351,576 | £345,000 | 1 MABRY WAY |
| 25 Nov 2022 | £333,441 | £335,000 | 25 KINGFISHER CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 15 Oct 2019. Using an estimated price of £508,732 means this house is valued at £4,136 per sq meter (£384 per sq foot).
The average size of a house on SHEARWATER WAY is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Under investigation | On or near Osprey Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shearwater Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shearwater Way |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Shearwater Way |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Riverside Way |