£233,146
This estimated value is based upon the latest sale price for the house of £189,000 on 11 Dec 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Wallace Avenue
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £189,000 | 11 Dec 2018 |
| £51,500 | 10 Jul 1998 |
| £49,000 | 6 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2018 the House Price Index for TORBAY was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £189,000 results in an estimated price of approximately £233,146.
| 11 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £189,000 | £44,146 | £233,146 |
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 | 99.842 % | £188,700 | £377,700 |
| 3 Month Average | 33.874 % | £64,021 | £253,021 |
| 6 Month Average | 28.792 % | £54,416 | £243,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £235,005 | £232,000 | 4 HIGHER CADEWELL LANE |
| 21 Jul 2023 | £266,081 | £262,500 | 13 HIGHER CADEWELL LANE |
| 21 Jul 2023 | £162,690 | £160,500 | 2 WALLACE AVENUE |
| 24 Jun 2022 | £137,950 | £136,000 | FLAT 4 ST ANDREWS COURT CADEWELL LANE |
| 28 Mar 2022 | £494,815 | £477,500 | 72 CADEWELL LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Jul 2018. Using an estimated price of £233,146 means this house is valued at £2,742 per sq meter (£254 per sq foot).
The average size of a house on WALLACE AVENUE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Wallace Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Wallace Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |