£97,591
This estimated value is based upon the latest sale price for the house of £62,000 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for DEVON 1
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Price Paid | Date |
---|---|
£62,000 | 21 Mar 2014 |
£25,000 | 8 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 March 2014 the House Price Index for DEVON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £62,000 results in an estimated price of approximately £97,591.
21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £62,000 | £35,591 | £97,591 |
The Postcode Pricing Model uses changes in average sales price within the EX1 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 | 64.084 % | £39,732 | £101,732 |
3 Month Average | 56.861 % | £35,253 | £97,253 |
6 Month Average | 55.421 % | £34,360 | £96,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £126,878 | £125,000 | 2B - 2D GROSVENOR PLACE |
17 Mar 2023 | £78,742 | £78,000 | FLAT 27 CLEVELAND COURT GROSVENOR PLACE |
30 Jun 2022 | £147,079 | £145,000 | 2C GROSVENOR PLACE |
25 Feb 2022 | £152,061 | £145,000 | FLAT 8 CLEVELAND COURT GROSVENOR PLACE |
12 Jan 2022 | £187,855 | £178,500 | FLAT 1 1 BELMONT ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 11 Feb 2014. Using an estimated price of £97,592 means this house is valued at £2,568 per sq meter (£238 per sq foot).
The average size of a house on GROSVENOR PLACE is 49 sq meters (527 sq feet).