£227,048
This estimated value is based upon the latest sale price for the house of £185,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £185,000 | 9 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2018 the House Price Index for DEVON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £185,000 results in an estimated price of approximately £227,048.
| 9 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £185,000 | £42,048 | £227,048 |
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 | -0.742 % | £-1,373 | £183,626 |
| 3 Month Average | -6.422 % | £-11,881 | £173,118 |
| 6 Month Average | 12.811 % | £23,701 | £208,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £228,389 | £227,000 | 7 LOCARNO ROAD |
| 22 Jun 2023 | £255,068 | £253,000 | 32 MERRIVALE ROAD |
| 24 Feb 2023 | £308,541 | £310,000 | 87 BUDDLE LANE |
| 27 Jan 2023 | £262,693 | £265,000 | 67 MERRIVALE ROAD |
| 5 Jan 2023 | £237,910 | £240,000 | 3 LOCARNO ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Jul 2018. Using an estimated price of £227,049 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on MERRIVALE ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merrivale Road |
| Apr 2024 | Public order | Under investigation | On or near Merrivale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Feb 2024 | Anti-social behaviour | On or near Linfield Gardens |