£317,386
This estimated value is based upon the latest sale price for the house of £212,000 on 17 Oct 2014. 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 Velland Avenue
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| Price Paid | Date |
|---|---|
| £212,000 | 17 Oct 2014 |
| £172,000 | 13 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2014 the House Price Index for TORBAY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £212,000 results in an estimated price of approximately £317,386.
| 17 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £212,000 | £105,386 | £317,386 |
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 | 89.810 % | £190,397 | £402,397 |
| 3 Month Average | 41.802 % | £88,620 | £300,620 |
| 6 Month Average | 39.710 % | £84,186 | £296,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £273,042 | £269,000 | 1 SUTTON CLOSE |
| 3 Nov 2023 | £243,607 | £240,000 | 42 VELLAND AVENUE |
| 24 Jul 2023 | £263,547 | £260,000 | 18 BOWERLAND AVENUE |
| 21 Apr 2023 | £197,122 | £195,000 | 9 SUTTON CLOSE |
| 14 Apr 2023 | £272,939 | £270,000 | 17 VELLAND AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 19 Apr 2012. Using an estimated price of £317,387 means this house is valued at £2,911 per sq meter (£270 per sq foot).
The average size of a house on GOLDEN PARK AVENUE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Velland Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Velland Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Velland Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Velland Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swedwell Road |