£259,275
This estimated value is based upon the latest sale price for the house of £150,000 on 5 Aug 2011. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 5 Aug 2011 |
| Detached |
| Freehold |
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 August 2011 the House Price Index for TORBAY was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £150,000 results in an estimated price of approximately £259,275.
| 5 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £150,000 | £109,275 | £259,275 |
The Postcode Pricing Model uses changes in average sales price within the TQ5 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 | -26.835 % | £-40,253 | £109,746 |
| 3 Month Average | 31.207 % | £46,810 | £196,810 |
| 6 Month Average | 54.230 % | £81,345 | £231,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £329,434 | £325,000 | 16 PINE CLOSE |
| 2 Sep 2022 | £354,636 | £357,500 | 21 PINE CLOSE |
| 17 Aug 2022 | £219,409 | £220,000 | 8 CHESTNUT DRIVE |
| 27 Jun 2022 | £390,519 | £385,000 | 45 SUMMER LANE |
| 24 Jun 2022 | £336,759 | £332,000 | 4 CHESTNUT DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Laywell Close | |
| Dec 2023 | Anti-social behaviour | On or near Laywell Close | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Laywell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pine Close |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Westfield Close |