THE NEIGHBOURHOOD, 27 MARY ARCHES STREET

£1,510,919

Full Address

THE NEIGHBOURHOOD, 27 MARY ARCHES STREET
EXETER
DEVON
UNITED KINGDOM
EX4 3FP

Estimated Market Value

£1,510,919

This estimated value is based upon the latest sale price for the house of £1,025,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for DEVON 1

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Transactions for this house
Price PaidDate
£1,025,0006 Mar 2015
House Details
Freehold

House Price Models

Land Registry House Price Index Model

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 2015 the House Price Index for DEVON was 100.8.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.

Applying this 47.407% change to the original purchase price of £1,025,000 results in an estimated price of approximately £1,510,919.

6 Mar 2015 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
100.8 148.6 47.407 % £1,025,000 £485,919 £1,510,919

The Postcode Pricing Model uses changes in average sales price within the EX4 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 41.155 % £421,839 £1,446,839
3 Month Average 20.697 % £212,144 £1,237,144
6 Month Average 43.423 % £445,083 £1,470,083
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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