£380,267
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Dec 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Dec 2016 |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2016 the House Price Index for TORBAY was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £290,000 results in an estimated price of approximately £380,267.
| 20 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £290,000 | £90,267 | £380,267 |
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 | -6.840 % | £-19,834 | £270,165 |
| 3 Month Average | 11.125 % | £32,262 | £322,262 |
| 6 Month Average | 16.624 % | £48,210 | £338,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £101,781 | £100,000 | 97 UNION STREET |
| 24 Nov 2023 | £167,480 | £165,000 | 6 CASTLE ROAD |
| 17 Mar 2023 | £181,964 | £180,250 | 16 HILLDROP TERRACE |
| 20 Feb 2023 | £276,314 | £276,500 | CASTLE DENE CASTLE LANE |
| 2 Feb 2023 | £113,923 | £114,000 | FLAT 3 LEA HAVEN CASTLE LANE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 3 Jul 2015. Using an estimated price of £380,267 means this house is valued at £3,395 per sq meter (£315 per sq foot).
The average size of a house on CASTLE ROAD is 150 sq meters (1,615 sq feet).