£295,865
This estimated value is based upon the latest sale price for the house of £180,000 on 31 Jul 2008. 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 | 31 Jul 2008 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 July 2008 the House Price Index for CITY OF PLYMOUTH was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £180,000 results in an estimated price of approximately £295,865.
31 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £180,000 | £115,865 | £295,865 |
The Postcode Pricing Model uses changes in average sales price within the PL7 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 | 65.790 % | £118,422 | £298,422 |
3 Month Average | 50.002 % | £90,003 | £270,003 |
6 Month Average | 49.191 % | £88,543 | £268,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £277,427 | £275,000 | 16 MERAFIELD CLOSE |
14 Apr 2023 | £210,264 | £208,000 | 2 GRANTHAM CLOSE |
13 Apr 2023 | £243,623 | £241,000 | 34 GRANTHAM CLOSE |
9 Mar 2023 | £214,521 | £212,500 | 61 GRANTHAM CLOSE |
4 Aug 2022 | £262,793 | £263,500 | 7 MERAFIELD CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 15 May 2019. Using an estimated price of £295,866 means this house is valued at £2,665 per sq meter (£247 per sq foot).
The average size of a house on MERAFIELD ROAD is 106 sq meters (1,144 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grantham Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dudley Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Merafield Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chantry Court |