£193,761
This estimated value is based upon the latest sale price for the house of £140,000 on 15 Dec 2015. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £140,000 | 15 Dec 2015 |
| £131,500 | 6 Dec 2013 |
| £37,000 | 8 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2015 the House Price Index for DEVON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £140,000 results in an estimated price of approximately £193,761.
| 15 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £140,000 | £53,761 | £193,761 |
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 | 40.769 % | £57,076 | £197,076 |
| 3 Month Average | 19.651 % | £27,511 | £167,511 |
| 6 Month Average | 37.585 % | £52,619 | £192,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £232,030 | £230,000 | 3 BRYNMOOR PARK |
| 22 Aug 2023 | £275,409 | £273,000 | 11 CHAPEL WAY |
| 24 Feb 2023 | £217,853 | £218,000 | GARDEN LODGE, 34 CHAPEL WAY |
| 9 Nov 2022 | £287,073 | £290,550 | 2 CROWNDALE AVENUE |
| 6 Jul 2022 | £388,045 | £387,000 | 19 REVEL ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 4 Sep 2018. Using an estimated price of £193,762 means this house is valued at £4,305 per sq meter (£400 per sq foot).
The average size of a house on CHAPEL WAY is 85 sq meters (916 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ingra Road |