£382,808
This estimated value is based upon the latest sale price for the house of £310,000 on 7 Sep 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 |
|---|---|
| £310,000 | 7 Sep 2018 |
| £293,240 | 17 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 228 sq meters or 2,454 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 September 2018 the House Price Index for CITY OF PLYMOUTH was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £310,000 results in an estimated price of approximately £382,808.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £310,000 | £72,808 | £382,808 |
The Postcode Pricing Model uses changes in average sales price within the PL4 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 | 82.067 % | £254,407 | £564,407 |
| 3 Month Average | 17.384 % | £53,888 | £363,888 |
| 6 Month Average | 22.502 % | £69,756 | £379,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2022 | £95,839 | £97,000 | FLAT 1 22 MAY TERRACE |
| 11 Aug 2022 | £573,456 | £575,000 | 2 LIPSON ROAD |
| 13 Apr 2022 | £57,669 | £56,000 | ROOM 7, THE ANNEXE GREENBANK COURT GREENBANK ROAD |
| 30 Mar 2022 | £290,153 | £280,000 | 25 LIPSON ROAD |
| 4 Jan 2022 | £93,664 | £89,000 | FLAT 2 21 LIPSON ROAD |
This house has a floor area of 228 sq meters or 2,454 sq feet when measured on 1 Apr 2019. Using an estimated price of £382,808 means this house is valued at £1,678 per sq meter (£155 per sq foot).
The average size of a house on LIPSON ROAD is 156 sq meters (1,688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Opie Lane |
| Mar 2024 | Anti-social behaviour | On or near Opie Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Opie Lane |
| Mar 2024 | Anti-social behaviour | On or near Opie Lane | |
| Feb 2024 | Anti-social behaviour | On or near Opie Lane |