5 LARKSPUR DRIVE

£597,655

Full Address

5 LARKSPUR DRIVE
NEWTON ABBOT
DEVON
UNITED KINGDOM
TQ12 1SD

Estimated Market Value

£597,655

This estimated value is based upon the latest sale price for the house of £370,000 on 31 Oct 2013. This value is then adjusted by the current Official House Price Index for DEVON 1

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Transactions for this house
Price PaidDate
£370,00031 Oct 2013
House Details
Detached
Freehold
Floor Area: 163 sq meters or 1,754 sq feet

House Price Models

Land Registry House Price Index Model

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 2013 the House Price Index for DEVON was 90.8.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.

Applying this 61.528% change to the original purchase price of £370,000 results in an estimated price of approximately £597,655.

31 Oct 2013 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
90.8 146.7 61.528 % £370,000 £227,655 £597,655

The Postcode Pricing Model uses changes in average sales price within the TQ12 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 19.834 % £73,387 £443,387
3 Month Average 32.146 % £118,941 £488,941
6 Month Average 43.860 % £162,282 £532,282
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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