£304,482
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £220,000 | 18 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2015 the House Price Index for DEVON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £220,000 results in an estimated price of approximately £304,482.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £220,000 | £84,482 | £304,482 |
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 | 27.729 % | £61,004 | £281,004 |
| 3 Month Average | 33.428 % | £73,542 | £293,542 |
| 6 Month Average | 24.588 % | £54,094 | £274,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £312,736 | £310,000 | 7 FRANKLYN DRIVE |
| 17 Jul 2023 | £603,117 | £595,000 | 34 LARCH ROAD |
| 27 Jan 2023 | £432,961 | £435,000 | 8 FRANKLYN DRIVE |
| 6 Jul 2022 | £285,769 | £285,000 | 18 FRANKLYN CLOSE |
| 8 Apr 2022 | £386,175 | £375,000 | 108 COWICK LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Jun 2015. Using an estimated price of £304,483 means this house is valued at £3,759 per sq meter (£349 per sq foot).
The average size of a house on COWICK LANE is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Larch Road | |
| Dec 2023 | Anti-social behaviour | On or near Larch Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hospital |
| Mar 2024 | Robbery | Under investigation | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |