£205,312
This estimated value is based upon the latest sale price for the house of £152,000 on 15 Mar 2016. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £152,000 | 15 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2016 the House Price Index for DEVON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £152,000 results in an estimated price of approximately £205,312.
| 15 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £152,000 | £53,312 | £205,312 |
The Postcode Pricing Model uses changes in average sales price within the EX2 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 | 48.133 % | £73,162 | £225,162 |
| 3 Month Average | 40.399 % | £61,406 | £213,406 |
| 6 Month Average | 30.702 % | £46,667 | £198,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £240,000 | £240,000 | 116 LOWER WEAR ROAD |
| 20 Nov 2023 | £761,271 | £750,000 | 74 GLASSHOUSE LANE |
| 1 Sep 2023 | £243,108 | £240,000 | 117 LOWER WEAR ROAD |
| 18 Aug 2023 | £245,145 | £243,000 | 64 GLASSHOUSE LANE |
| 18 Apr 2023 | £284,311 | £281,250 | 76 GLASSHOUSE LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Mar 2018. Using an estimated price of £205,312 means this house is valued at £2,503 per sq meter (£232 per sq foot).
The average size of a house on LOWER WEAR ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lower Wear Road |
| Mar 2024 | Other theft | Under investigation | On or near Lower Wear Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lower Wear Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chepstow Close |