£335,728
This estimated value is based upon the latest sale price for the house of £250,000 on 27 May 2016. 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 Northfields Lane
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| Price Paid | Date |
|---|---|
| £250,000 | 27 May 2016 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2016 the House Price Index for TORBAY was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £250,000 results in an estimated price of approximately £335,728.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £250,000 | £85,728 | £335,728 |
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 | 80.921 % | £202,302 | £452,302 |
| 3 Month Average | 32.621 % | £81,551 | £331,551 |
| 6 Month Average | 43.709 % | £109,272 | £359,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £152,000 | £152,000 | 15 CUMBER CLOSE |
| 20 Dec 2023 | £132,315 | £130,000 | 36 THE CLOSE |
| 10 Aug 2023 | £363,177 | £360,000 | 22 FURZEHAM PARK |
| 11 Apr 2023 | £202,177 | £200,000 | 26 CUMBER CLOSE |
| 23 Feb 2023 | £219,852 | £220,000 | 17 CUMBER CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Aug 2015. Using an estimated price of £335,729 means this house is valued at £4,044 per sq meter (£375 per sq foot).
The average size of a house on THE CLOSE is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Northfields Lane |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Northfields Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Northfields Lane |
| Mar 2024 | Anti-social behaviour | On or near Alma Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pavilions Close |