£503,149
This estimated value is based upon the latest sale price for the house of £485,000 on 12 Apr 2022. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £485,000 | 12 Apr 2022 |
| £216,000 | 16 Apr 2014 |
| £167,000 | 29 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PLYMOUTH to estimate the market value.
When this house was purchased in April 2022 the House Price Index for CITY OF PLYMOUTH was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £485,000 results in an estimated price of approximately £503,149.
| 12 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £485,000 | £18,149 | £503,149 |
The Postcode Pricing Model uses changes in average sales price within the PL9 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 | -10.611 % | £-51,462 | £433,537 |
| 3 Month Average | -2.041 % | £-9,899 | £475,100 |
| 6 Month Average | 3.216 % | £15,595 | £500,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £448,790 | £435,000 | MEOME, 21 ROCKY PARK ROAD |
| 2 Nov 2023 | £246,251 | £240,000 | HOPSACK ROCKY PARK AVENUE |
| 5 Oct 2023 | £240,461 | £235,000 | MELBOURNE, 52 ROCKY PARK ROAD |
| 29 Sep 2023 | £245,410 | £240,000 | 23 REIGATE ROAD |
| 12 Jan 2023 | £325,871 | £325,000 | HEATHER VILLA ROCKY PARK AVENUE |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 28 Sep 2021. Using an estimated price of £503,150 means this house is valued at £2,705 per sq meter (£251 per sq foot).
The average size of a house on POMPHLETT ROAD is 120 sq meters (1,300 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Pomphlett Road |