£160,603
This estimated value is based upon the latest sale price for the house of £72,500 on 14 Oct 2003. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£72,500 | 14 Oct 2003 |
£55,000 | 26 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 22 sq meters or 236 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 October 2003 the House Price Index for DEVON was 66.4.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 121.522%.Applying this 121.522% change to the original purchase price of £72,500 results in an estimated price of approximately £160,603.
14 Oct 2003 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 147.0 | 121.522 % | £72,500 | £88,103 | £160,603 |
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 | 78.843 % | £57,160 | £129,660 |
3 Month Average | 100.872 % | £73,132 | £145,632 |
6 Month Average | 113.506 % | £82,291 | £154,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £659,103 | £660,000 | 8 PROSPECT PARK |
16 Sep 2022 | £221,480 | £226,000 | FLAT 4 23 OLD TIVERTON ROAD |
15 Jul 2022 | £159,589 | £161,000 | FLAT 1 28 PROSPECT PARK |
1 Apr 2022 | £432,652 | £425,000 | 51 PROSPECT PARK |
20 Jan 2022 | £963,678 | £925,000 | 39 PROSPECT PARK |
This house has a floor area of 22 sq meters or 236 sq feet when measured on 6 Jun 2018. Using an estimated price of £160,604 means this house is valued at £7,300 per sq meter (£678 per sq foot).
The average size of a house on PROSPECT PARK is 132 sq meters (1,428 sq feet).
This house is the smallest in the street with a floor area of 22 sq meters (236 sq feet).