£391,723
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Feb 2008. This value is then adjusted by the current Official House Price Index for TORBAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 22 Feb 2008 |
| £225,000 | 26 Jul 2005 |
| £159,950 | 24 Jun 2002 |
| £118,500 | 26 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 February 2008 the House Price Index for TORBAY was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £250,000 results in an estimated price of approximately £391,723.
| 22 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £250,000 | £141,723 | £391,723 |
The Postcode Pricing Model uses changes in average sales price within the TQ2 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 | 96.527 % | £241,318 | £491,318 |
| 3 Month Average | 45.358 % | £113,394 | £363,394 |
| 6 Month Average | 32.980 % | £82,450 | £332,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £273,497 | £270,000 | 10 CORMORANT CLOSE |
| 27 Oct 2022 | £279,985 | £283,000 | 18 KINGFISHER CLOSE |
| 5 Apr 2022 | £234,279 | £227,500 | 30 KINGFISHER CLOSE |
| 1 Feb 2022 | £408,991 | £390,000 | 1 CONDOR DRIVE |
| 25 Jun 2021 | £231,752 | £216,000 | 27 KINGFISHER CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 May 2012. Using an estimated price of £391,723 means this house is valued at £3,376 per sq meter (£313 per sq foot).
The average size of a house on MERLIN WAY is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Merlin Way | |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Merlin Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingfisher Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Close |
| Dec 2023 | Anti-social behaviour | On or near Kingfisher Close |