This estimated value is based upon the latest sale price for the house of £615,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for DEVON 1
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|£615,000||5 Jan 2018|
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 January 2018 the House Price Index for DEVON was 118.4.The House Price Index as of 1 Apr 2022 is 147.2 which is a change of 24.288%.
Applying this 24.288% change to the original purchase price of £615,000 results in an estimated price of approximately £764,371.
|5 Jan 2018||1 Apr 2022||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the EX31 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||21.591 %||£132,782||£747,782|
|3 Month Average||3.991 %||£24,543||£639,543|
|6 Month Average||13.577 %||£83,500||£698,500|
|Date||Current Estimated Value||Price Paid||Address|
|31 Mar 2022||£140,487||£140,000||10 RIVERSIDE UNITS RIVERSIDE ROAD|
|25 Oct 2021||£250,731||£235,000||8 MEADOW ROAD|
|24 Sep 2021||£245,942||£235,000||5 MEADOW ROAD|
|4 Feb 2021||£341,449||£305,000||17 SOUTH VIEW CHADDIFORD LANE|
|18 Dec 2020||£326,202||£287,000||23 BRADIFORD|
|Feb 2022||Other theft||Under investigation||On or near Braunton Road|
|Apr 2022||Violence and sexual offences||Under investigation||On or near Braunton Road|
|Apr 2022||Public order||Under investigation||On or near Braunton Road|
|Feb 2022||Public order||Offender given a caution||On or near Braunton Road|
|Mar 2022||Violence and sexual offences||Under investigation||On or near Sports/Recreation Area|
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