£333,133
This estimated value is based upon the latest sale price for the house of £193,000 on 17 Jun 2011. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£193,000 | 17 Jun 2011 |
£175,000 | 27 Sep 2002 |
Detached |
Freehold |
Floor Area: 71 sq meters or 765 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 June 2011 the House Price Index for DEVON was 85.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.608%.Applying this 72.608% change to the original purchase price of £193,000 results in an estimated price of approximately £333,133.
17 Jun 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.0 | 72.608 % | £193,000 | £140,133 | £333,133 |
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 | 62.700 % | £121,011 | £314,011 |
3 Month Average | 46.120 % | £89,011 | £282,011 |
6 Month Average | 71.114 % | £137,250 | £330,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £511,567 | £505,000 | 2 ELLICOMBE COTTAGES MORCHARD ROAD |
11 Aug 2023 | £638,885 | £635,000 | 2 BEECH DRIVE |
18 Apr 2023 | £480,068 | £476,500 | 3 UNION TERRACE |
13 Sep 2022 | £810,147 | £820,000 | MARYDOWNE HOUSE |
19 Aug 2022 | £397,315 | £400,000 | CARPENTERS BARN |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 21 Sep 2010. Using an estimated price of £333,133 means this house is valued at £4,682 per sq meter (£434 per sq foot).
The average size of a house on MORCHARD ROAD is 142 sq meters (1,535 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Union Hill |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Barn Hill |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tarka Meade |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Perryhouse Lane |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bevin Square |