£400,424
This estimated value is based upon the latest sale price for the house of £307,500 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £307,500 | 21 Apr 2017 |
| £250,000 | 27 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 April 2017 the House Price Index for DEVON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £307,500 results in an estimated price of approximately £400,424.
| 21 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £307,500 | £92,924 | £400,424 |
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 | 36.331 % | £111,717 | £419,217 |
| 3 Month Average | 35.538 % | £109,280 | £416,780 |
| 6 Month Average | 24.779 % | £76,196 | £383,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £445,000 | £445,000 | 11 CHAPEL ROAD |
| 25 Apr 2024 | £121,051 | £120,000 | FLAT 8 ROSEMONT COURT CHURCH ROAD |
| 20 Oct 2023 | £245,578 | £240,000 | 16 CHAPEL ROAD |
| 13 Apr 2023 | £425,967 | £418,000 | 9 BROOKFIELD GARDENS |
| 24 Feb 2023 | £291,950 | £290,000 | 17 MYRTLE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Sep 2015. Using an estimated price of £400,424 means this house is valued at £4,656 per sq meter (£432 per sq foot).
The average size of a house on CHAPEL ROAD is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Close |
| Oct 2024 | Other theft | Under investigation | On or near Myrtle Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Powlesland Road |
| Sep 2024 | Anti-social behaviour | On or near Powlesland Road | |
| Sep 2024 | Anti-social behaviour | On or near Powlesland Road |