£338,739
This estimated value is based upon the latest sale price for the house of £255,000 on 6 Sep 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £255,000 | 6 Sep 2016 |
| £78,000 | 20 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for TORBAY was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £255,000 results in an estimated price of approximately £338,739.
| 6 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £255,000 | £83,739 | £338,739 |
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 | 78.303 % | £199,673 | £454,673 |
| 3 Month Average | 38.519 % | £98,223 | £353,223 |
| 6 Month Average | 29.385 % | £74,932 | £329,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £293,956 | £290,000 | 7 FROUDE AVENUE |
| 21 Apr 2023 | £424,571 | £420,000 | 4 HEAVISIDE CLOSE |
| 3 Apr 2023 | £535,769 | £530,000 | 4 SCORESBY CLOSE |
| 16 Feb 2023 | £549,630 | £550,000 | 8 HEAVISIDE CLOSE |
| 25 Aug 2022 | £349,060 | £350,000 | 29 FROUDE AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Feb 2016. Using an estimated price of £338,740 means this house is valued at £3,642 per sq meter (£338 per sq foot).
The average size of a house on STEPS LANE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watcombe Heights Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Smalldon Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Smalldon Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Smalldon Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smalldon Lane |