£374,007
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Jun 2021. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £350,000 | 15 Jun 2021 |
| £327,000 | 27 Jul 2018 |
| £249,950 | 19 May 2006 |
| £163,000 | 12 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 June 2021 the House Price Index for DEVON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £350,000 results in an estimated price of approximately £374,007.
| 15 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £350,000 | £24,007 | £374,007 |
The Postcode Pricing Model uses changes in average sales price within the EX14 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 | 45.736 % | £160,076 | £510,076 |
| 3 Month Average | 5.277 % | £18,469 | £368,469 |
| 6 Month Average | 16.476 % | £57,666 | £407,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £465,000 | £465,000 | 2 HIGH STREET |
| 8 Dec 2023 | £433,196 | £425,000 | 11A PINE GROVE |
| 3 Nov 2023 | £465,982 | £460,000 | 5 KINGS ROAD |
| 17 Aug 2023 | £600,653 | £597,000 | 50 KINGS ROAD |
| 13 Jul 2023 | £136,289 | £135,000 | 26 TREMAINE CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 20 Feb 2018. Using an estimated price of £374,007 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on ORCHARD WAY is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pottery Close | |
| Mar 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Pottery Close |
| Mar 2024 | Anti-social behaviour | On or near Pottery Close | |
| Mar 2024 | Anti-social behaviour | On or near Pottery Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pottery Close |