£515,767
This estimated value is based upon the latest sale price for the house of £440,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £440,000 | 14 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 sq feet |
This model uses changes in the Official Land Registry House Price Index for TORBAY to estimate the market value.
When this house was purchased in September 2020 the House Price Index for TORBAY was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £440,000 results in an estimated price of approximately £515,767.
| 14 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £440,000 | £75,767 | £515,767 |
The Postcode Pricing Model uses changes in average sales price within the TQ4 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 | -2.878 % | £-12,664 | £427,335 |
| 3 Month Average | 38.882 % | £171,081 | £611,081 |
| 6 Month Average | 35.404 % | £155,776 | £595,776 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Jan 2020.
The average size of a house on PENWILL WAY is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Brantwood Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Elsdale Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elsdale Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oatlands Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oatlands Drive |