£420,632
This estimated value is based upon the latest sale price for the house of £423,500 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £423,500 | 4 Aug 2023 |
| £340,000 | 13 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 August 2023 the House Price Index for DEVON was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £423,500 results in an estimated price of approximately £420,632.
| 4 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £423,500 | £-2,867 | £420,632 |
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 | 124.634 % | £527,823 | £951,323 |
| 3 Month Average | 15.274 % | £64,686 | £488,186 |
| 6 Month Average | 5.361 % | £22,702 | £446,202 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Aug 2015.
The average size of a house on LEA MOUNT CLOSE is 160 sq meters (1,724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Lea Mount Close |
| Dec 2023 | Drugs | Local resolution | On or near Lea Mount Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Drugs | Under investigation | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Stuart Court |