£327,503
This estimated value is based upon the latest sale price for the house of £255,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£255,000 | 21 Jul 2017 |
£200,000 | 30 Mar 2007 |
Semi-Detached |
Freehold |
Floor Area: 132 sq meters or 1,420 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 July 2017 the House Price Index for DEVON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £255,000 results in an estimated price of approximately £327,503.
21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £255,000 | £72,503 | £327,503 |
The Postcode Pricing Model uses changes in average sales price within the EX32 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 | 9.474 % | £24,159 | £279,159 |
3 Month Average | 5.245 % | £13,374 | £268,374 |
6 Month Average | 13.385 % | £34,131 | £289,131 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £368,366 | £360,000 | 108 NEWPORT ROAD |
27 Apr 2023 | £835,630 | £820,000 | PARKSIDE, 37 PARK LANE |
7 Nov 2022 | £199,069 | £200,000 | 12 NEWPORT TERRACE |
25 Aug 2022 | £108,005 | £107,500 | FLAT 3 5 NEWPORT TERRACE |
29 Apr 2022 | £326,788 | £315,000 | 2 ROCK AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 20 Jan 2013. Using an estimated price of £327,503 means this house is valued at £2,481 per sq meter (£230 per sq foot).
The average size of a house on ROCK AVENUE is 120 sq meters (1,301 sq feet).