£327,841
This estimated value is based upon the latest sale price for the house of £306,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £306,000 | 3 Dec 2021 |
| £205,000 | 31 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2021 the House Price Index for DEVON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £306,000 results in an estimated price of approximately £327,841.
| 3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £306,000 | £21,841 | £327,841 |
The Postcode Pricing Model uses changes in average sales price within the EX7 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 | 110.590 % | £338,403 | £644,403 |
| 3 Month Average | 22.466 % | £68,746 | £374,746 |
| 6 Month Average | 24.533 % | £75,071 | £381,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £229,940 | £227,000 | 49 OAKLAND DRIVE |
| 19 Jul 2023 | £258,479 | £255,000 | 43 OAKLAND DRIVE |
| 21 Dec 2021 | £332,127 | £310,000 | 12 OLD FARM WAY |
| 3 Dec 2021 | £327,841 | £306,000 | 11 OLD FARM WAY |
| 23 Aug 2021 | £217,545 | £195,000 | 24 PARK RISE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 16 Jan 2013. Using an estimated price of £327,841 means this house is valued at £5,464 per sq meter (£507 per sq foot).
The average size of a house on OLD FARM WAY is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Farm Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Farm Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park Rise |
| Mar 2024 | Anti-social behaviour | On or near Taylor Close | |
| Feb 2024 | Other theft | Formal action is not in the public interest | On or near Taylor Close |