£571,997
This estimated value is based upon the latest sale price for the house of £525,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for DEVON 1
There has been one burglary within the last year on or near Somerville Crescent
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| Price Paid | Date |
|---|---|
| £525,000 | 19 Nov 2021 |
| £360,000 | 11 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2021 the House Price Index for DEVON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £525,000 results in an estimated price of approximately £571,997.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £525,000 | £46,997 | £571,997 |
The Postcode Pricing Model uses changes in average sales price within the EX2 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 | 1.278 % | £6,706 | £531,706 |
| 3 Month Average | 9.689 % | £50,869 | £575,869 |
| 6 Month Average | 5.549 % | £29,130 | £554,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £579,716 | £565,000 | 5 HARDY CLOSE |
| 2 Jun 2023 | £367,362 | £360,000 | 26 SOMERVILLE CRESCENT |
| 23 Mar 2023 | £457,643 | £450,000 | 471 TOPSHAM ROAD |
| 1 Jun 2022 | £447,312 | £437,750 | 52 ADMIRAL WAY |
| 31 May 2022 | £385,031 | £375,000 | 61 SOMERVILLE CRESCENT |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 11 Mar 2016. Using an estimated price of £571,998 means this house is valued at £4,268 per sq meter (£396 per sq foot).
The average size of a house on SOMERVILLE CRESCENT is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Somerville Crescent |
| Aug 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Somerville Crescent |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Somerville Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hood Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ark Royal Avenue |