£300,935
This estimated value is based upon the latest sale price for the house of £225,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £225,000 | 27 May 2016 |
| £51,000 | 12 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2016 the House Price Index for DEVON was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £225,000 results in an estimated price of approximately £300,935.
| 27 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.0 | 33.749 % | £225,000 | £75,935 | £300,935 |
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 | 31.901 % | £71,777 | £296,777 |
| 3 Month Average | 22.485 % | £50,592 | £275,592 |
| 6 Month Average | 25.784 % | £58,013 | £283,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £333,815 | £327,500 | 42 PELLEW WAY |
| 27 Nov 2023 | £334,292 | £330,000 | 12 GRENVILLE AVENUE |
| 21 Jul 2023 | £368,486 | £365,000 | 23 RALEIGH ROAD |
| 25 Jan 2023 | £198,259 | £200,000 | 8 GRENVILLE AVENUE |
| 25 Nov 2022 | £263,231 | £267,500 | 23 ARMADA DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Sep 2020. Using an estimated price of £300,936 means this house is valued at £3,761 per sq meter (£349 per sq foot).
The average size of a house on RALEIGH ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grenville Avenue |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Grenville Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Grenville Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grenville Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bligh Close |