£296,485
This estimated value is based upon the latest sale price for the house of £242,500 on 20 Apr 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£242,500 | 20 Apr 2020 |
Terraced |
Freehold |
Floor Area: 143 sq meters or 1,539 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 2020 the House Price Index for DEVON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £242,500 results in an estimated price of approximately £296,485.
20 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.0 | 22.262 % | £242,500 | £53,985 | £296,485 |
The Postcode Pricing Model uses changes in average sales price within the EX1 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 | 50.934 % | £123,515 | £366,015 |
3 Month Average | 23.606 % | £57,244 | £299,744 |
6 Month Average | 14.716 % | £35,687 | £278,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2022 | £246,011 | £250,000 | FLAT 1 7 POLSLOE ROAD |
22 Nov 2022 | £231,250 | £235,000 | FLAT 2 7 POLSLOE ROAD |
12 Aug 2022 | £139,060 | £140,000 | FLAT 4 79 BLACKBOY ROAD |
30 Jun 2022 | £168,710 | £167,000 | 18 WATERMORE COURT PINHOE ROAD |
17 Feb 2022 | £282,004 | £270,000 | 74 BLACKBOY ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 20 Jun 2019. Using an estimated price of £296,486 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on POLSLOE ROAD is 109 sq meters (1,173 sq feet).