£215,646
This estimated value is based upon the latest sale price for the house of £175,000 on 9 Nov 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 |
|---|---|
| £175,000 | 9 Nov 2018 |
| £336,000 | 2 Aug 2005 |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 November 2018 the House Price Index for CITY OF PLYMOUTH was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £175,000 results in an estimated price of approximately £215,646.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £175,000 | £40,646 | £215,646 |
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 | -26.537 % | £-46,440 | £128,559 |
| 3 Month Average | 2.966 % | £5,190 | £180,190 |
| 6 Month Average | 18.486 % | £32,350 | £207,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £219,847 | £216,000 | 34 MUTLEY PLAIN |
| 18 Aug 2023 | £337,957 | £335,000 | 11 SEATON AVENUE |
| 23 Jun 2023 | £293,556 | £290,000 | 40 MUTLEY PLAIN |
| 31 Mar 2023 | £151,427 | £150,000 | 51 MUTLEY PLAIN |
| 3 Feb 2023 | £164,889 | £165,000 | FLAT A 8 SEATON AVENUE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 16 Dec 2019. Using an estimated price of £215,646 means this house is valued at £1,409 per sq meter (£130 per sq foot).
The average size of a house on MUTLEY PLAIN is 134 sq meters (1,445 sq feet).