£358,692
This estimated value is based upon the latest sale price for the house of £283,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £283,000 | 22 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 September 2017 the House Price Index for CITY OF PLYMOUTH was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £283,000 results in an estimated price of approximately £358,692.
| 22 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £283,000 | £75,692 | £358,692 |
The Postcode Pricing Model uses changes in average sales price within the PL7 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 | 44.669 % | £126,412 | £409,412 |
| 3 Month Average | 29.539 % | £83,594 | £366,594 |
| 6 Month Average | 29.743 % | £84,171 | £367,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £220,000 | £220,000 | FLAT 3 THE RISE, 35 GEORGE LANE |
| 12 Mar 2024 | £215,000 | £215,000 | FLAT 28 THE RISE, 35 GEORGE LANE |
| 27 Jan 2023 | £238,875 | £240,000 | 10 MALLARD CLOSE |
| 14 Apr 2022 | £226,556 | £220,000 | 7 STABLE COTTAGES |
| 23 Nov 2021 | £432,606 | £400,000 | 2A RIDGE PARK |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 14 Jul 2016. Using an estimated price of £358,693 means this house is valued at £2,964 per sq meter (£275 per sq foot).
The average size of a house on GEORGE LANE is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Stable Cottages |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mallard Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near George Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near George Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near George Lane |