£534,895
This estimated value is based upon the latest sale price for the house of £430,000 on 6 Jun 2018. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £430,000 | 6 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 June 2018 the House Price Index for CITY OF PLYMOUTH was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £430,000 results in an estimated price of approximately £534,895.
| 6 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £430,000 | £104,895 | £534,895 |
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 | 113.175 % | £486,651 | £916,651 |
| 3 Month Average | 21.556 % | £92,689 | £522,689 |
| 6 Month Average | 20.097 % | £86,417 | £516,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £451,687 | £445,000 | FLAT 15 OCEAN COURT RICHMOND WALK |
| 26 Sep 2023 | £380,870 | £376,000 | 49 MARITIME SQUARE |
| 13 Jul 2023 | £344,588 | £339,950 | 125 DISCOVERY ROAD |
| 2 Jun 2023 | £195,366 | £193,000 | 73 DISCOVERY ROAD |
| 17 Feb 2023 | £162,391 | £162,500 | 65 DISCOVERY ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Apr 2018. Using an estimated price of £534,895 means this house is valued at £5,348 per sq meter (£496 per sq foot).
The average size of a house on DISCOVERY ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Discovery Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| 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 | Anti-social behaviour | On or near Mount Wise Crescent |