£355,308
This estimated value is based upon the latest sale price for the house of £295,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £295,000 | 26 Mar 2020 |
| £189,000 | 23 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 March 2020 the House Price Index for DEVON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £295,000 results in an estimated price of approximately £355,308.
| 26 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £295,000 | £60,308 | £355,308 |
The Postcode Pricing Model uses changes in average sales price within the EX16 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 | -25.925 % | £-76,478 | £218,521 |
| 3 Month Average | 11.849 % | £34,953 | £329,953 |
| 6 Month Average | 16.531 % | £48,766 | £343,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £282,442 | £277,500 | 17 OAK CLOSE |
| 1 Sep 2023 | £250,706 | £247,500 | 32 OAK CLOSE |
| 24 Nov 2022 | £248,984 | £252,000 | 56 OAK CLOSE |
| 6 Sep 2022 | £488,059 | £492,000 | 13 PARK ROAD |
| 22 Dec 2021 | £112,495 | £105,000 | FLAT 2 9 BELMONT ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Mar 2018. Using an estimated price of £355,309 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on PARK CLOSE is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Park Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Park Road |
| Jan 2024 | Anti-social behaviour | On or near Park Road | |
| Jan 2024 | Anti-social behaviour | On or near Park Road | |
| Jan 2024 | Anti-social behaviour | On or near Park Road |