£401,875
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Sep 2005. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£220,000 | 1 Sep 2005 |
Terraced |
Freehold |
Floor Area: 134 sq meters or 1,442 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 2005 the House Price Index for TORBAY was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £220,000 results in an estimated price of approximately £401,875.
1 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 148.6 | 82.671 % | £220,000 | £181,875 | £401,875 |
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 | 107.373 % | £236,219 | £456,219 |
3 Month Average | 66.803 % | £146,966 | £366,966 |
6 Month Average | 57.188 % | £125,814 | £345,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £166,456 | £165,000 | 22 TOR CHURCH ROAD |
31 Jul 2023 | £233,138 | £230,000 | 26 TOR CHURCH ROAD |
19 Jul 2023 | £304,093 | £300,000 | 9 TOR CHURCH ROAD |
31 Jan 2023 | £408,078 | £410,000 | 3 TOR CHURCH ROAD |
7 Sep 2022 | £104,159 | £105,000 | FLAT 1 REAR OF 23 LUCIUS STREET |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 12 Jun 2015. Using an estimated price of £401,876 means this house is valued at £2,999 per sq meter (£278 per sq foot).
There is one other house on the street which we know the size of, this is 4 SCARBOROUGH ROAD it is 157.0