£154,827
This estimated value is based upon the latest sale price for the house of £70,000 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £70,000 | 7 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2003 the House Price Index for TORBAY was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £70,000 results in an estimated price of approximately £154,827.
| 7 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £70,000 | £84,827 | £154,827 |
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 | 151.231 % | £105,861 | £175,861 |
| 3 Month Average | 98.637 % | £69,045 | £139,045 |
| 6 Month Average | 90.110 % | £63,076 | £133,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £192,366 | £189,000 | 29 HELE ROAD |
| 30 Mar 2023 | £181,712 | £180,000 | 71 SHREWSBURY AVENUE |
| 23 Jan 2023 | £125,160 | £125,750 | 274 LICHFIELD AVENUE |
| 16 Aug 2022 | £141,619 | £142,000 | 13 HELE ROAD |
| 3 Feb 2022 | £235,956 | £225,000 | 133 TEIGNMOUTH ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Oct 2018. Using an estimated price of £154,828 means this house is valued at £2,211 per sq meter (£205 per sq foot).
The average size of a house on HELE ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Possession of weapons | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |