£171,632
This estimated value is based upon the latest sale price for the house of £142,500 on 30 Mar 2020. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£142,500 | 30 Mar 2020 |
£142,500 | 30 Mar 2020 |
£142,500 | 1 Apr 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 479 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 March 2020 the House Price Index for DEVON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £142,500 results in an estimated price of approximately £171,632.
30 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £142,500 | £29,132 | £171,632 |
The Postcode Pricing Model uses changes in average sales price within the EX1 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 | -6.144 % | £-8,754 | £133,745 |
3 Month Average | 10.930 % | £15,574 | £158,074 |
6 Month Average | 8.415 % | £11,991 | £154,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £142,493 | £140,000 | 8 GILBERT HOUSE RED LION LANE |
18 Aug 2023 | £136,696 | £135,500 | 18 ACLAND HOUSE VERNEY STREET |
4 Aug 2023 | £141,236 | £140,000 | FIRST FLOOR FLAT 8 OXFORD ROAD |
24 Jul 2023 | £172,319 | £170,000 | FLAT 3 101 SIDWELL STREET |
13 Apr 2023 | £126,361 | £125,000 | 6 ACLAND HOUSE VERNEY STREET |
This house has a floor area of 44 sq meters or 479 sq feet when measured on 14 Nov 2011. Using an estimated price of £171,632 means this house is valued at £3,855 per sq meter (£358 per sq foot).
The average size of a house on RED LION LANE is 57 sq meters (615 sq feet).