£275,922
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £225,000 | 1 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 October 2019 the House Price Index for CITY OF PLYMOUTH was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £225,000 results in an estimated price of approximately £275,922.
| 1 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £225,000 | £50,922 | £275,922 |
The Postcode Pricing Model uses changes in average sales price within the PL3 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 | 64.164 % | £144,369 | £369,369 |
| 3 Month Average | 27.025 % | £60,806 | £285,806 |
| 6 Month Average | 30.109 % | £67,746 | £292,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £117,048 | £115,000 | LOWER MAISONETTE 23 POUNDS PARK ROAD |
| 29 Sep 2023 | £319,080 | £315,000 | 51 TORR VIEW AVENUE |
| 3 Jul 2023 | £263,547 | £260,000 | 27 POUNDS PARK ROAD |
| 4 Apr 2023 | £275,466 | £272,500 | 26 TORR VIEW AVENUE |
| 6 Feb 2023 | £264,822 | £265,000 | 41 TORR VIEW AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 1 Jul 2019. Using an estimated price of £275,923 means this house is valued at £2,318 per sq meter (£215 per sq foot).
The average size of a house on POUNDS PARK ROAD is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pounds Park Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Torr View Avenue |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Torr View Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Martin'S Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Martin'S Avenue |