£492,918
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Apr 2002. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 12 Apr 2002 |
| £85,000 | 28 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 April 2002 the House Price Index for TORBAY was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £165,000 results in an estimated price of approximately £492,918.
| 12 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £165,000 | £327,918 | £492,918 |
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 | 229.505 % | £378,683 | £543,683 |
| 3 Month Average | 174.362 % | £287,697 | £452,697 |
| 6 Month Average | 159.068 % | £262,462 | £427,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £284,208 | £280,000 | 1A SUMMERFIELD ROAD |
| 6 Jan 2023 | £437,937 | £440,000 | 34 SHIPHAY PARK ROAD |
| 23 May 2022 | £243,590 | £239,000 | 74 NEWTON ROAD |
| 20 May 2022 | £392,394 | £385,000 | 2 SHIPHAY PARK ROAD |
| 24 Nov 2021 | £378,530 | £350,000 | 8 SUMMERFIELD ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 21 Nov 2019. Using an estimated price of £492,919 means this house is valued at £3,399 per sq meter (£315 per sq foot).
The average size of a house on SUMMERFIELD ROAD is 135 sq meters (1,455 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Newton Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Newton Road |
| Feb 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Feb 2024 | Anti-social behaviour | On or near Shiphay Lane |