£494,677
This estimated value is based upon the latest sale price for the house of £215,000 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £215,000 | 15 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 282 sq meters or 3,035 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 August 2003 the House Price Index for CITY OF PLYMOUTH was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £215,000 results in an estimated price of approximately £494,677.
| 15 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £215,000 | £279,677 | £494,677 |
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 | 136.100 % | £292,616 | £507,616 |
| 3 Month Average | 115.546 % | £248,424 | £463,424 |
| 6 Month Average | 131.258 % | £282,205 | £497,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £313,801 | £310,000 | 72 AMHERST ROAD |
| 17 Nov 2022 | £271,709 | £275,000 | 74 ALMA ROAD |
| 21 Oct 2022 | £91,020 | £92,000 | REAR GROUND FLOOR FLAT 65 AMHERST ROAD |
| 17 Aug 2022 | £299,195 | £300,000 | 19 AMHERST ROAD |
| 27 Jul 2022 | £302,815 | £302,000 | 17 AMHERST ROAD |
This house has a floor area of 282 sq meters or 3,035 sq feet when measured on 1 Sep 2021. Using an estimated price of £494,678 means this house is valued at £1,754 per sq meter (£162 per sq foot).
The average size of a house on ALMA ROAD is 140 sq meters (1,515 sq feet).