£635,782
This estimated value is based upon the latest sale price for the house of £525,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
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| Price Paid | Date |
|---|---|
| £525,000 | 30 Jun 2020 |
| Freehold |
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 June 2020 the House Price Index for CITY OF PLYMOUTH was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £525,000 results in an estimated price of approximately £635,782.
| 30 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £525,000 | £110,782 | £635,782 |
The Postcode Pricing Model uses changes in average sales price within the PL1 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 | 250.261 % | £1,313,871 | £1,838,871 |
| 3 Month Average | 62.636 % | £328,838 | £853,838 |
| 6 Month Average | -6.507 % | £-34,162 | £490,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £122,000 | £122,000 | FLAT 60 WESLEY COURT, 1 MILLBAY ROAD |
| 15 Mar 2024 | £155,000 | £155,000 | FLAT 23 WESLEY COURT, 1 MILLBAY ROAD |
| 10 Mar 2023 | £121,141 | £120,000 | FLAT 36 WESLEY COURT, 1 MILLBAY ROAD |
| 17 Jan 2023 | £124,414 | £125,000 | FLAT 10 CHICHESTER HOUSE CITADEL ROAD |
| 16 Jan 2023 | £114,461 | £115,000 | FLAT 42 WESLEY COURT, 1 MILLBAY ROAD |