£424,843
This estimated value is based upon the latest sale price for the house of £249,000 on 11 Apr 2012. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £249,000 | 11 Apr 2012 |
| £220,000 | 23 Dec 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,255 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 2012 the House Price Index for DEVON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £249,000 results in an estimated price of approximately £424,843.
| 11 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £249,000 | £175,843 | £424,843 |
The Postcode Pricing Model uses changes in average sales price within the EX2 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 | 66.594 % | £165,819 | £414,819 |
| 3 Month Average | 65.088 % | £162,069 | £411,069 |
| 6 Month Average | 62.596 % | £155,862 | £404,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £310,175 | £306,000 | 34 RIVER PLATE ROAD |
| 30 Jun 2023 | £404,905 | £400,000 | 14 RHODE ISLAND DRIVE |
| 9 Feb 2023 | £334,775 | £335,000 | 26 RIVER PLATE ROAD |
| 5 Aug 2022 | £194,477 | £195,000 | 66 RIVER PLATE ROAD |
| 28 Jun 2022 | £309,372 | £305,000 | 48 RESOLUTION ROAD |
This house has a floor area of 116 sq meters or 1,255 sq feet when measured on 1 Mar 2011. Using an estimated price of £424,843 means this house is valued at £3,643 per sq meter (£338 per sq foot).
The average size of a house on RIVER PLATE ROAD is 81 sq meters (879 sq feet).