£316,510
This estimated value is based upon the latest sale price for the house of £271,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £271,000 | 27 Nov 2020 |
| £278,000 | 12 Apr 2019 |
| £193,000 | 3 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 59 sq meters or 644 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 2020 the House Price Index for DEVON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £271,000 results in an estimated price of approximately £316,510.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £271,000 | £45,510 | £316,510 |
The Postcode Pricing Model uses changes in average sales price within the EX7 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 | 5.491 % | £14,881 | £285,881 |
| 3 Month Average | 14.877 % | £40,316 | £311,316 |
| 6 Month Average | 17.273 % | £46,809 | £317,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £146,247 | £144,000 | 20 RICHARDS CLOSE |
| 28 Sep 2023 | £232,117 | £227,000 | 49 OAKLAND DRIVE |
| 21 Dec 2021 | £334,585 | £310,000 | 12 OLD FARM WAY |
| 3 Dec 2021 | £330,268 | £306,000 | 11 OLD FARM WAY |
| 23 Aug 2021 | £219,155 | £195,000 | 24 PARK RISE |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 21 Jan 2012. Using an estimated price of £316,511 means this house is valued at £5,287 per sq meter (£491 per sq foot).
The average size of a house on OLD FARM WAY is 100 sq meters (1,079 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Rise |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Rise |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Rise |
| Jul 2024 | Drugs | Further investigation is not in the public interest | On or near Park Rise |
| Jul 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Park Rise |