£408,620
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 30 Sep 2014 |
| £249,150 | 6 Jul 2004 |
| £130,000 | 4 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,135 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 2014 the House Price Index for TORBAY was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £275,000 results in an estimated price of approximately £408,620.
| 30 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £275,000 | £133,620 | £408,620 |
The Postcode Pricing Model uses changes in average sales price within the TQ5 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 | -24.928 % | £-68,550 | £206,449 |
| 3 Month Average | 24.002 % | £66,004 | £341,004 |
| 6 Month Average | 44.054 % | £121,148 | £396,148 |
This house has a floor area of 105 sq meters or 1,135 sq feet when measured on 16 Nov 2008.
The average size of a house on LOWER REA ROAD is 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranscombe Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heath Park |
| Mar 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |