£827,789
This estimated value is based upon the latest sale price for the house of £555,000 on 17 Dec 2014. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £555,000 | 17 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 2014 the House Price Index for DEVON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £555,000 results in an estimated price of approximately £827,789.
| 17 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £555,000 | £272,789 | £827,789 |
The Postcode Pricing Model uses changes in average sales price within the EX4 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 | 30.245 % | £167,858 | £722,858 |
| 3 Month Average | 21.210 % | £117,716 | £672,716 |
| 6 Month Average | 47.243 % | £262,201 | £817,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £658,868 | £650,000 | FLAT 1 13 HOWELL ROAD |
| 14 Jul 2023 | £327,407 | £323,000 | 20 CASTLE MOUNT |
| 26 Apr 2023 | £293,156 | £290,000 | 14 CASTLE MOUNT |
| 31 Jan 2023 | £288,640 | £290,000 | FLAT 3 13 HOWELL ROAD |
| 20 Jan 2023 | £298,593 | £300,000 | 35 CASTLE MOUNT |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 28 Jul 2014. Using an estimated price of £827,789 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on VELWELL ROAD is 208 sq meters (2,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Elm Grove Road |