£421,257
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Jan 2018. 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 Morchard Road
More crime details
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| Price Paid | Date |
|---|---|
| £340,000 | 28 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 January 2018 the House Price Index for DEVON was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £340,000 results in an estimated price of approximately £421,257.
| 28 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £340,000 | £81,257 | £421,257 |
The Postcode Pricing Model uses changes in average sales price within the EX17 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 | 41.255 % | £140,267 | £480,267 |
| 3 Month Average | -11.483 % | £-39,042 | £300,957 |
| 6 Month Average | 18.979 % | £64,529 | £404,529 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 3 Jun 2017.
The average size of a house on MORCHARD ROAD is 142 sq meters (1,535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Morchard Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Union Hill |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Union Hill |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Union Hill |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Barn Hill |