£711,186
This estimated value is based upon the latest sale price for the house of £562,500 on 4 Jan 2018. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £562,500 | 4 Jan 2018 |
| £412,500 | 17 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 January 2018 the House Price Index for DEVON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £562,500 results in an estimated price of approximately £711,186.
| 4 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £562,500 | £148,686 | £711,186 |
The Postcode Pricing Model uses changes in average sales price within the EX4 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 | 32.578 % | £183,249 | £745,749 |
| 3 Month Average | 21.177 % | £119,121 | £681,621 |
| 6 Month Average | 20.370 % | £114,579 | £677,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £424,000 | £424,000 | 11 QUEENS TERRACE |
| 31 May 2024 | £684,000 | £684,000 | 20 VELWELL ROAD |
| 22 Mar 2024 | £1,000,370 | £985,000 | 9 ELM GROVE ROAD |
| 19 Oct 2023 | £202,601 | £198,000 | 3 BROOKFIELD MEWS NEW NORTH ROAD |
| 10 Oct 2023 | £772,546 | £755,000 | 6 LINDEN VALE |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 23 Jul 2015. Using an estimated price of £711,186 means this house is valued at £3,762 per sq meter (£349 per sq foot).
The average size of a house on VELWELL ROAD is 208 sq meters (2,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Velwell Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Velwell Road |