£215,434
This estimated value is based upon the latest sale price for the house of £173,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £173,000 | 24 May 2019 |
| £149,500 | 28 Aug 2015 |
| £66,950 | 22 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PLYMOUTH to estimate the market value.
When this house was purchased in May 2019 the House Price Index for CITY OF PLYMOUTH was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £173,000 results in an estimated price of approximately £215,434.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £173,000 | £42,434 | £215,434 |
The Postcode Pricing Model uses changes in average sales price within the PL3 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 | 48.213 % | £83,408 | £256,408 |
| 3 Month Average | 24.321 % | £42,075 | £215,075 |
| 6 Month Average | 18.946 % | £32,775 | £205,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £368,197 | £365,000 | 8 MANOR LANE |
| 3 Nov 2023 | £155,959 | £152,000 | 32 MANOR LANE |
| 27 Sep 2023 | £199,396 | £195,000 | 26 LAIRA AVENUE |
| 18 Sep 2023 | £246,944 | £241,500 | 353 OLD LAIRA ROAD |
| 20 May 2022 | £231,019 | £225,000 | 42 LAIRA AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 17 Jan 2015. Using an estimated price of £215,435 means this house is valued at £2,341 per sq meter (£217 per sq foot).
The average size of a house on OLD LAIRA ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Kiel Place Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Kiel Place Lane |
| May 2024 | Anti-social behaviour | On or near Kiel Place Lane | |
| May 2024 | Anti-social behaviour | On or near Kiel Place Lane | |
| May 2024 | Anti-social behaviour | On or near Kiel Place Lane |