£485,478
This estimated value is based upon the latest sale price for the house of £237,500 on 28 Apr 2004. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £237,500 | 28 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 April 2004 the House Price Index for DEVON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £237,500 results in an estimated price of approximately £485,478.
| 28 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £237,500 | £247,978 | £485,478 |
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 | 76.729 % | £182,231 | £419,731 |
| 3 Month Average | 57.711 % | £137,063 | £374,563 |
| 6 Month Average | 94.860 % | £225,292 | £462,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £508,904 | £500,000 | 34 BINDON ROAD |
| 9 Mar 2023 | £403,804 | £400,000 | 37A PARK LANE |
| 16 Aug 2022 | £329,114 | £330,000 | 101 OLD PARK AVENUE |
| 27 Apr 2022 | £370,728 | £360,000 | 4 BINDON ROAD |
| 8 Apr 2022 | £226,556 | £220,000 | 5 OVERLAND COURT BROADPARKS CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 24 Jan 2014. Using an estimated price of £485,479 means this house is valued at £3,853 per sq meter (£357 per sq foot).
The average size of a house on PARK LANE is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bindon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jersey Road |
| Feb 2024 | Anti-social behaviour | On or near Jersey Road | |
| Feb 2024 | Anti-social behaviour | On or near Jersey Road | |
| Mar 2024 | Other theft | Under investigation | On or near Vicarage Lane |