£239,586
This estimated value is based upon the latest sale price for the house of £179,950 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £179,950 | 24 Aug 2016 |
| £148,000 | 2 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 2016 the House Price Index for TORBAY was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £179,950 results in an estimated price of approximately £239,586.
| 24 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £179,950 | £59,636 | £239,586 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | -7.021 % | £-12,635 | £167,314 |
| 3 Month Average | -2.063 % | £-3,711 | £176,238 |
| 6 Month Average | 14.832 % | £26,689 | £206,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £140,007 | £138,500 | FLAT 1 PETIT WELL HOUSE, 43 HARTOP ROAD |
| 7 Jul 2022 | £215,580 | £215,000 | 16 CAMBRIDGE ROAD |
| 17 May 2022 | £249,705 | £245,000 | 10 HILLY GARDENS ROAD |
| 25 Feb 2022 | £183,522 | £175,000 | 1 PARK CRESCENT |
| 31 Jan 2022 | £82,088 | £78,000 | FLAT 5 CHARLOTTE COURT COMPTON PLACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 Jul 2014. Using an estimated price of £239,587 means this house is valued at £2,691 per sq meter (£250 per sq foot).
The average size of a house on BOROUGH ROAD is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Borough Road |
| Mar 2024 | Other theft | Under investigation | On or near Cambridge Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilly Gardens Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Havelock Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Havelock Road |