£115,764
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Jan 2022. 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 Shrewsbury Avenue
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| Price Paid | Date |
|---|---|
| £110,000 | 31 Jan 2022 |
| £97,500 | 31 Jul 2006 |
| £72,000 | 23 Apr 2004 |
| £23,500 | 12 Jun 1998 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2022 the House Price Index for TORBAY was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £110,000 results in an estimated price of approximately £115,764.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £110,000 | £5,764 | £115,764 |
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 | 170.279 % | £187,306 | £297,306 |
| 3 Month Average | 11.613 % | £12,774 | £122,774 |
| 6 Month Average | -0.745 % | £-819 | £109,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £192,366 | £189,000 | 29 HELE ROAD |
| 8 Sep 2023 | £120,845 | £119,300 | FIRST FLOOR FLAT 171 LICHFIELD AVENUE |
| 30 Mar 2023 | £181,712 | £180,000 | 71 SHREWSBURY AVENUE |
| 24 Mar 2023 | £196,855 | £195,000 | 265 LICHFIELD AVENUE |
| 23 Jan 2023 | £125,160 | £125,750 | 274 LICHFIELD AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Aug 2017. Using an estimated price of £115,765 means this house is valued at £1,781 per sq meter (£165 per sq foot).
The average size of a house on LICHFIELD AVENUE is 73 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shrewsbury Avenue | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Shrewsbury Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shrewsbury Avenue |
| Dec 2023 | Possession of weapons | Formal action is not in the public interest | On or near Shrewsbury Avenue |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Shrewsbury Avenue |