£425,666
This estimated value is based upon the latest sale price for the house of £348,000 on 27 May 2020. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £348,000 | 27 May 2020 |
| £241,000 | 29 Apr 2004 |
| £94,950 | 29 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 206 sq meters or 2,217 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 2020 the House Price Index for CITY OF PLYMOUTH was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £348,000 results in an estimated price of approximately £425,666.
| 27 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £348,000 | £77,666 | £425,666 |
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 | 43.607 % | £151,750 | £499,750 |
| 3 Month Average | 28.432 % | £98,943 | £446,943 |
| 6 Month Average | 34.872 % | £121,354 | £469,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £519,545 | £515,000 | 5 LOCKYER ROAD |
| 31 May 2022 | £397,490 | £390,000 | 84 HERMITAGE ROAD |
| 5 Apr 2022 | £257,450 | £250,000 | BASEMENT FLAT 10 WILDERNESS ROAD |
| 16 Feb 2022 | £414,234 | £395,000 | 61 HERMITAGE ROAD |
| 20 Dec 2021 | £267,791 | £249,950 | FLAT 2 INGLESIDE 2-4 WILDERNESS ROAD |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 10 Jan 2020. Using an estimated price of £425,667 means this house is valued at £2,066 per sq meter (£191 per sq foot).
The average size of a house on HERMITAGE ROAD is 184 sq meters (1,984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilderness Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lockyer Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Avenue |
| Mar 2024 | Anti-social behaviour | On or near Mutley Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mutley Road |