£347,493
This estimated value is based upon the latest sale price for the house of £232,110 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£232,110 | 24 Oct 2014 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 October 2014 the House Price Index for TORBAY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £232,110 results in an estimated price of approximately £347,493.
24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £232,110 | £115,383 | £347,493 |
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 | -19.221 % | £-44,614 | £187,495 |
3 Month Average | 23.761 % | £55,151 | £287,261 |
6 Month Average | 43.948 % | £102,007 | £334,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £98,965 | £97,500 | FLAT 23 SEAWAY COURT NEW ROAD |
26 Jun 2023 | £242,943 | £240,000 | 71 CUMBER DRIVE |
31 Mar 2023 | £348,281 | £345,000 | 1 PENPETHY ROAD |
28 Feb 2023 | £397,233 | £397,500 | 22 LINDTHORPE WAY |
29 Jul 2022 | £121,327 | £121,000 | FLAT 22 SEAWAY COURT NEW ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Jun 2014. Using an estimated price of £347,493 means this house is valued at £3,904 per sq meter (£362 per sq foot).
The average size of a house on PENPETHY ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penpethy Road |
Mar 2024 | Anti-social behaviour | On or near Meadow Park | |
Feb 2024 | Anti-social behaviour | On or near Meadow Park | |
Feb 2024 | Anti-social behaviour | On or near Meadow Park | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Park |