£705,857
This estimated value is based upon the latest sale price for the house of £575,000 on 8 Apr 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£575,000 | 8 Apr 2020 |
£360,000 | 14 Jul 2016 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £575,000 results in an estimated price of approximately £705,857.
8 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £575,000 | £130,857 | £705,857 |
The Postcode Pricing Model uses changes in average sales price within the EX12 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 | 36.422 % | £209,427 | £784,427 |
3 Month Average | 44.863 % | £257,964 | £832,964 |
6 Month Average | 27.613 % | £158,773 | £733,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £264,630 | £260,000 | 6 WEST ACRES |
20 Jul 2023 | £669,004 | £660,000 | 12 CHURSTON RISE |
16 Mar 2022 | £725,384 | £700,000 | BUNTS KNOLL BUNTS LANE |
4 Mar 2022 | £512,950 | £495,000 | 4 UPPER CHURSTON RISE |
4 Feb 2022 | £534,603 | £509,780 | 5 CHURSTON RISE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 31 Oct 2019. Using an estimated price of £705,858 means this house is valued at £5,429 per sq meter (£504 per sq foot).
The average size of a house on MERROW DOWN DRIVE is 179 sq meters (1,932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near West Acres |
Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near West Acres |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Churston Rise |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Park |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Seaton Down Road |