£369,764
This estimated value is based upon the latest sale price for the house of £300,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £300,000 | 21 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2020 the House Price Index for DEVON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £300,000 results in an estimated price of approximately £369,764.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £300,000 | £69,764 | £369,764 |
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 | -1.332 % | £-3,995 | £296,004 |
| 3 Month Average | 6.674 % | £20,022 | £320,022 |
| 6 Month Average | 14.497 % | £43,492 | £343,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £515,851 | £500,000 | 34 BINDON ROAD |
| 5 Apr 2023 | £468,768 | £460,000 | 12 HARRINGTON DRIVE |
| 9 Mar 2023 | £508,492 | £500,000 | 62 PARK LANE |
| 9 Mar 2023 | £406,793 | £400,000 | 37A PARK LANE |
| 16 Aug 2022 | £331,550 | £330,000 | 101 OLD PARK AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Sep 2019. Using an estimated price of £369,764 means this house is valued at £4,865 per sq meter (£452 per sq foot).
The average size of a house on PARK LANE is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Jersey Road |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near The Poplars |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Poplars |
| Oct 2024 | Other crime | Under investigation | On or near Church Hill |
| Sep 2024 | Anti-social behaviour | On or near Church Hill |