£1,089,802
This estimated value is based upon the latest sale price for the house of £825,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for DEVON 1
There has been one burglary within the last year on or near Redwood Road
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| Price Paid | Date |
|---|---|
| £825,000 | 7 Dec 2016 |
| £590,000 | 16 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 346 sq meters or 3,724 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 December 2016 the House Price Index for DEVON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £825,000 results in an estimated price of approximately £1,089,802.
| 7 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £825,000 | £264,802 | £1,089,802 |
The Postcode Pricing Model uses changes in average sales price within the EX10 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 | -15.128 % | £-124,806 | £700,193 |
| 3 Month Average | 9.962 % | £82,188 | £907,188 |
| 6 Month Average | 22.619 % | £186,604 | £1,011,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £1,200,000 | £1,200,000 | THE COTSWOLD HOUSE REDWOOD ROAD |
| 17 Nov 2023 | £1,133,780 | £1,105,000 | FERN COTTAGE REDWOOD ROAD |
| 23 Jun 2023 | £1,122,495 | £1,100,000 | GREENGARTH SALCOMBE HILL ROAD |
| 7 Jun 2023 | £969,427 | £950,000 | 6 MEADOW VIEW CLOSE |
| 28 Feb 2023 | £981,557 | £975,000 | 11 REGENCY GATE |
This house has a floor area of 346 sq meters or 3,724 sq feet when measured on 15 May 2015. Using an estimated price of £1,089,803 means this house is valued at £3,149 per sq meter (£292 per sq foot).
The average size of a house on REDWOOD ROAD is 226 sq meters (2,433 sq feet).
This house is the largest in the street with a floor area of 346 sq meters (3,724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Redwood Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Salcombe Hill Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salcombe Hill Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Salcombe Hill Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salcombe Hill Road |