£275,881
This estimated value is based upon the latest sale price for the house of £60,000 on 31 Dec 1998. This value is then adjusted by the current Official House Price Index for TORBAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £60,000 | 31 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 1998 the House Price Index for TORBAY was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £60,000 results in an estimated price of approximately £275,881.
| 31 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £60,000 | £215,881 | £275,881 |
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 | 407.309 % | £244,385 | £304,385 |
| 3 Month Average | 306.045 % | £183,627 | £243,627 |
| 6 Month Average | 282.774 % | £169,664 | £229,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £255,000 | £255,000 | 16 OSPREY DRIVE |
| 14 Sep 2023 | £273,497 | £270,000 | 10 CORMORANT CLOSE |
| 11 Sep 2023 | £229,940 | £227,000 | 34 OSPREY DRIVE |
| 1 Aug 2022 | £255,063 | £255,750 | 49 SHEARWATER DRIVE |
| 22 Jul 2022 | £259,148 | £258,450 | 23 OSPREY DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Jan 2017. Using an estimated price of £275,881 means this house is valued at £4,117 per sq meter (£382 per sq foot).
The average size of a house on CORMORANT CLOSE is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cormorant Close |
| Dec 2023 | Anti-social behaviour | On or near Cormorant Close | |
| Dec 2023 | Anti-social behaviour | On or near Cormorant Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cormorant Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Osprey Drive |