£190,073
This estimated value is based upon the latest sale price for the house of £119,000 on 21 Jan 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £119,000 | 21 Jan 2014 |
| 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 January 2014 the House Price Index for TORBAY was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £119,000 results in an estimated price of approximately £190,073.
| 21 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £119,000 | £71,073 | £190,073 |
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 | 122.193 % | £145,409 | £264,409 |
| 3 Month Average | 61.279 % | £72,921 | £191,921 |
| 6 Month Average | 46.454 % | £55,280 | £174,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £222,849 | £220,000 | 67 THE REEVES ROAD |
| 26 Jul 2023 | £197,660 | £195,000 | 24 GRENVILLE AVENUE |
| 5 Apr 2023 | £217,340 | £215,000 | 23 SHERWELL VALLEY ROAD |
| 18 Jan 2023 | £241,363 | £242,500 | 4 RALEIGH AVENUE |
| 12 Aug 2022 | £164,557 | £165,000 | 29 QUEENSWAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Aug 2014. Using an estimated price of £190,073 means this house is valued at £2,715 per sq meter (£252 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gilbert Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gilbert Close |
| Dec 2023 | Anti-social behaviour | On or near Gilbert Close | |
| Dec 2023 | Anti-social behaviour | On or near Gilbert Close |