£223,133
This estimated value is based upon the latest sale price for the house of £185,000 on 16 Jun 2020. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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Price Paid | Date |
---|---|
£185,000 | 16 Jun 2020 |
£184,950 | 12 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 2020 the House Price Index for CITY OF PLYMOUTH was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £185,000 results in an estimated price of approximately £223,133.
16 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.0 | 20.613 % | £185,000 | £38,133 | £223,133 |
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 | 250.261 % | £462,983 | £647,983 |
3 Month Average | 62.636 % | £115,876 | £300,876 |
6 Month Average | -6.507 % | £-12,038 | £172,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £144,488 | £144,000 | 4 WINDSOR COURT |
23 Nov 2023 | £87,625 | £86,500 | LOWER GROUND FLOOR 46 - 52 EXETER STREET |
4 Aug 2022 | £670,470 | £675,000 | WOOD VILLA |
1 Jun 2022 | £2,298,293 | £2,275,000 | COWIE WORCESTER TOYOTA EVEROAK ESTATE |
10 May 2022 | £400,960 | £395,000 | 4 THOMPSON CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Oct 2014. Using an estimated price of £223,133 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on WILLOUGHBY WAY is 89 sq meters (964 sq feet).