£482,039
This estimated value is based upon the latest sale price for the house of £420,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £420,000 | 11 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 December 2020 the House Price Index for DEVON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £420,000 results in an estimated price of approximately £482,039.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £420,000 | £62,039 | £482,039 |
The Postcode Pricing Model uses changes in average sales price within the EX1 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 | 3.635 % | £15,266 | £435,266 |
| 3 Month Average | 5.543 % | £23,279 | £443,279 |
| 6 Month Average | 8.019 % | £33,681 | £453,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £142,493 | £140,000 | 8 GILBERT HOUSE RED LION LANE |
| 18 Aug 2023 | £136,696 | £135,500 | 18 ACLAND HOUSE VERNEY STREET |
| 13 Apr 2023 | £126,361 | £125,000 | 6 ACLAND HOUSE VERNEY STREET |
| 12 Aug 2022 | £144,611 | £145,000 | 15 WHEATON HOUSE RED LION LANE |
| 21 Apr 2022 | £137,478 | £133,500 | 19 ACLAND HOUSE VERNEY STREET |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 1 Dec 2020. Using an estimated price of £482,040 means this house is valued at £3,347 per sq meter (£310 per sq foot).
The average size of a house on SOLIDUS ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |