£390,575
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Aug 2006. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£230,000 | 15 Aug 2006 |
£112,000 | 27 Jun 2001 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 2006 the House Price Index for TORBAY was 86.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 69.815%.Applying this 69.815% change to the original purchase price of £230,000 results in an estimated price of approximately £390,575.
15 Aug 2006 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 147.0 | 69.815 % | £230,000 | £160,575 | £390,575 |
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 | 104.858 % | £241,173 | £471,173 |
3 Month Average | 93.945 % | £216,073 | £446,073 |
6 Month Average | 82.471 % | £189,682 | £419,682 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £213,275 | £214,000 | 38 MOUNT PLEASANT ROAD |
27 Oct 2023 | £284,034 | £285,000 | 25 WINDMILL ROAD |
11 May 2023 | £540,368 | £540,000 | 23 MOUNT ROAD |
5 May 2023 | £265,180 | £265,000 | 15 MOUNT ROAD |
18 Nov 2022 | £290,093 | £297,000 | 6 WINDMILL ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Jul 2021. Using an estimated price of £390,575 means this house is valued at £4,438 per sq meter (£412 per sq foot).
The average size of a house on MOUNT ROAD is 121 sq meters (1,313 sq feet).