£596,869
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Aug 2001. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £180,000 | 24 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PLYMOUTH to estimate the market value.
When this house was purchased in August 2001 the House Price Index for CITY OF PLYMOUTH was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £180,000 results in an estimated price of approximately £596,869.
| 24 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £180,000 | £416,869 | £596,869 |
The Postcode Pricing Model uses changes in average sales price within the PL1 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 | 406.185 % | £731,133 | £911,133 |
| 3 Month Average | 197.780 % | £356,003 | £536,003 |
| 6 Month Average | 202.610 % | £364,698 | £544,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £451,687 | £445,000 | FLAT 15 OCEAN COURT RICHMOND WALK |
| 24 Nov 2023 | £304,508 | £300,000 | FLAT 29 OCEAN COURT RICHMOND WALK |
| 26 Sep 2023 | £380,870 | £376,000 | 49 MARITIME SQUARE |
| 19 Sep 2023 | £364,663 | £360,000 | FLAT 34 OCEAN COURT RICHMOND WALK |
| 18 Sep 2023 | £308,950 | £305,000 | FLAT 22 OCEAN COURT RICHMOND WALK |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 16 Apr 2012. Using an estimated price of £596,869 means this house is valued at £5,282 per sq meter (£490 per sq foot).
The average size of a house on RICHMOND WALK is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Maritime Square |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maritime Square |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Discovery Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ferry Terminal |
| Feb 2024 | Anti-social behaviour | On or near Ferry Terminal |