£658,418
This estimated value is based upon the latest sale price for the house of £650,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £650,000 | 8 Sep 2023 |
| £322,000 | 8 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,403 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 2023 the House Price Index for TORBAY was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £650,000 results in an estimated price of approximately £658,418.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £650,000 | £8,418 | £658,418 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | -35.133 % | £-228,362 | £421,637 |
| 3 Month Average | -23.582 % | £-153,281 | £496,718 |
| 6 Month Average | -8.600 % | £-55,902 | £594,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £658,419 | £650,000 | 20 OXLEA CLOSE |
| 31 Aug 2023 | £675,913 | £670,000 | 1 THE WOODS |
| 31 Jul 2023 | £7,095 | £7,000 | 49 LYNCOMBE CRESCENT |
| 14 Jul 2023 | £633,527 | £625,000 | 14 OXLEA CLOSE |
| 23 Feb 2023 | £494,667 | £495,000 | LYNCOMBE LODGE HIGHER LINCOMBE ROAD |
This house has a floor area of 130 sq meters or 1,403 sq feet when measured on 15 Feb 2011. Using an estimated price of £658,419 means this house is valued at £5,049 per sq meter (£469 per sq foot).
The average size of a house on OXLEA CLOSE is 215 sq meters (2,318 sq feet).
This house is the smallest in the street with a floor area of 130 sq meters (1,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Manor Garden |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Acadia Road |