£288,993
This estimated value is based upon the latest sale price for the house of £182,500 on 6 Feb 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £182,500 | 6 Feb 2014 |
| £60,000 | 22 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,074 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 February 2014 the House Price Index for TORBAY was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £182,500 results in an estimated price of approximately £288,993.
| 6 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £182,500 | £106,493 | £288,993 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | 12.557 % | £22,916 | £205,416 |
| 3 Month Average | 25.934 % | £47,330 | £229,830 |
| 6 Month Average | 38.526 % | £70,309 | £252,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £300,253 | £295,000 | MERLEWOOD COTTAGE MEADFOOT ROAD |
| 3 Nov 2023 | £251,219 | £247,500 | 12 VANE HILL ROAD |
| 19 Sep 2023 | £253,238 | £250,000 | FLAT 5 MEADFOOT GRANGE MEADFOOT ROAD |
| 11 Sep 2023 | £450,763 | £445,000 | 57A MEADFOOT LANE |
| 27 Jul 2023 | £299,025 | £295,000 | 61 MEADFOOT LANE |
This house has a floor area of 99 sq meters or 1,074 sq feet when measured on 25 Aug 2010. Using an estimated price of £288,993 means this house is valued at £2,894 per sq meter (£268 per sq foot).
The average size of a house on MEADFOOT LANE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadfoot Lane |
| Feb 2024 | Anti-social behaviour | On or near Meadfoot Lane | |
| Feb 2024 | Anti-social behaviour | On or near Meadfoot Lane | |
| Feb 2024 | Anti-social behaviour | On or near Meadfoot Lane | |
| Feb 2024 | Anti-social behaviour | On or near Meadfoot Lane |