£402,736
This estimated value is based upon the latest sale price for the house of £326,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £326,000 | 8 Mar 2019 |
| £215,250 | 20 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 March 2019 the House Price Index for CITY OF PLYMOUTH was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £326,000 results in an estimated price of approximately £402,736.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £326,000 | £76,736 | £402,736 |
The Postcode Pricing Model uses changes in average sales price within the PL3 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 | 25.845 % | £84,254 | £410,254 |
| 3 Month Average | 12.396 % | £40,410 | £366,410 |
| 6 Month Average | 19.508 % | £63,595 | £389,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £519,545 | £515,000 | 5 LOCKYER ROAD |
| 16 Jun 2022 | £223,154 | £220,000 | 10 OXFORD AVENUE |
| 31 May 2022 | £397,490 | £390,000 | 84 HERMITAGE ROAD |
| 20 May 2022 | £259,897 | £255,000 | 6 OXFORD AVENUE |
| 10 Mar 2022 | £238,340 | £230,000 | 12 OXFORD AVENUE |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 31 Jan 2013. Using an estimated price of £402,736 means this house is valued at £2,411 per sq meter (£224 per sq foot).
The average size of a house on HERMITAGE ROAD is 184 sq meters (1,984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lockyer Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilderness Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |