£89,481
This estimated value is based upon the latest sale price for the house of £67,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for DEVON 1
There has been one burglary within the last year on or near Richmond Place
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| Price Paid | Date |
|---|---|
| £67,000 | 24 Jun 2016 |
| £76,500 | 2 Apr 2008 |
| £40,950 | 12 Apr 2001 |
| £31,950 | 24 Jan 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 406 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 June 2016 the House Price Index for DEVON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £67,000 results in an estimated price of approximately £89,481.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £67,000 | £22,481 | £89,481 |
The Postcode Pricing Model uses changes in average sales price within the EX7 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 | 208.533 % | £139,716 | £206,716 |
| 3 Month Average | 50.332 % | £33,722 | £100,722 |
| 6 Month Average | 63.533 % | £42,567 | £109,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £99,269 | £98,000 | FLAT A 11 IDDESLEIGH TERRACE |
| 25 Aug 2023 | £224,441 | £222,478 | 6 COMMERCIAL ROAD |
| 18 Aug 2023 | £153,594 | £152,250 | FLAT 3 WHITE COURT BEACH STREET |
| 19 Jun 2023 | £133,619 | £132,000 | FLAT 2 4 BROOKDALE TERRACE |
| 20 Jan 2023 | £159,250 | £160,000 | FLAT 6 MARINERS COURT BEACH STREET |
This house has a floor area of 37 sq meters or 406 sq feet when measured on 26 Apr 2009. Using an estimated price of £89,482 means this house is valued at £2,371 per sq meter (£220 per sq foot).
The average size of a house on RICHMOND PLACE is 56 sq meters (607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Richmond Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Richmond Place |
| Jan 2024 | Anti-social behaviour | On or near Richmond Place | |
| Jan 2024 | Anti-social behaviour | On or near Richmond Place | |
| Dec 2023 | Anti-social behaviour | On or near Richmond Place |