£1,231,069
This estimated value is based upon the latest sale price for the house of £205,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £205,000 | 19 Oct 2023 |
| £148,500 | 19 Jul 2016 |
| £148,000 | 23 Nov 2007 |
| £145,000 | 12 Apr 2007 |
| £110,000 | 16 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2023 the House Price Index for DEVON was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £205,000 results in an estimated price of approximately £1,231,069.
| 19 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £205,000 | £1,026,069 | £1,231,069 |
The Postcode Pricing Model uses changes in average sales price within the EX16 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 | -15.404 % | £-31,578 | £173,421 |
| 3 Month Average | -20.584 % | £-42,198 | £162,801 |
| 6 Month Average | -5.365 % | £-10,998 | £194,001 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 28 Apr 2020.
The average size of a house on BANKSIA CLOSE is 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Banksia Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Banksia Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Banksia Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorlands |
| Mar 2024 | Bicycle theft | Unable to prosecute suspect | On or near Magnolia Court |