£277,427
This estimated value is based upon the latest sale price for the house of £275,000 on 2 Aug 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£275,000 | 2 Aug 2023 |
£128,000 | 6 Jun 2003 |
£68,500 | 5 Sep 2000 |
£49,000 | 19 Jan 1995 |
Detached |
Freehold |
Floor Area: 86 sq meters or 930 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 August 2023 the House Price Index for DEVON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £275,000 results in an estimated price of approximately £277,427.
2 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £275,000 | £2,427 | £277,427 |
The Postcode Pricing Model uses changes in average sales price within the TQ14 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 | -67.242 % | £-184,916 | £90,083 |
3 Month Average | -11.401 % | £-31,353 | £243,646 |
6 Month Average | -2.685 % | £-7,382 | £267,617 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £258,303 | £255,000 | 13 LAKE AVENUE |
2 Aug 2023 | £277,427 | £275,000 | 33 LAKE AVENUE |
7 Jul 2023 | £299,025 | £295,000 | 18 SOPER WALK |
27 Jun 2023 | £234,845 | £232,000 | 21 HIGHER COOMBE DRIVE |
28 Apr 2023 | £323,483 | £320,000 | 6 FALKLAND WAY |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 12 Dec 2008. Using an estimated price of £277,427 means this house is valued at £3,210 per sq meter (£298 per sq foot).
The average size of a house on LAKE AVENUE is 80 sq meters (864 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Paddons Lane |
Jan 2024 | Anti-social behaviour | On or near Falkland Way | |
Jan 2024 | Anti-social behaviour | On or near Falkland Way | |
Jan 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Howard Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechwood Court |