£387,807
This estimated value is based upon the latest sale price for the house of £379,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £379,000 | 2 Oct 2023 |
| £329,000 | 1 Dec 2020 |
| £168,000 | 21 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2023 the House Price Index for DEVON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £379,000 results in an estimated price of approximately £387,807.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £379,000 | £8,807 | £387,807 |
The Postcode Pricing Model uses changes in average sales price within the EX15 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 | -10.149 % | £-38,464 | £340,535 |
| 3 Month Average | 11.989 % | £45,436 | £424,436 |
| 6 Month Average | -3.895 % | £-14,762 | £364,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £90,000 | £90,000 | 10 APPLEDORE CLOSE |
| 1 Nov 2023 | £141,594 | £138,000 | 33 NEW STREET |
| 18 Oct 2023 | £118,696 | £116,000 | VICTORIA HALL, 28 TIVERTON ROAD |
| 2 Oct 2023 | £387,808 | £379,000 | LAUREL DENE SHORTLANDS LANE |
| 8 Aug 2023 | £150,718 | £148,000 | FLAT 9 5 ARCHERS CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 7 Oct 2019. Using an estimated price of £387,808 means this house is valued at £5,170 per sq meter (£480 per sq foot).
The average size of a house on SHORTLANDS LANE is 151 sq meters (1,627 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Shortlands Lane | |
| Oct 2024 | Anti-social behaviour | On or near Shortlands Lane | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Shortlands Lane |
| Oct 2024 | Anti-social behaviour | On or near Shortlands Lane | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shortlands Lane |