£91,067
This estimated value is based upon the latest sale price for the house of £85,000 on 8 Dec 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£85,000 | 8 Dec 2021 |
£79,000 | 14 Aug 2007 |
£38,500 | 19 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 December 2021 the House Price Index for TORBAY was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £85,000 results in an estimated price of approximately £91,067.
8 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £85,000 | £6,067 | £91,067 |
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 | 47.265 % | £40,175 | £125,175 |
3 Month Average | 14.508 % | £12,332 | £97,332 |
6 Month Average | 1.284 % | £1,091 | £86,091 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £109,176 | £108,000 | 9A ROCK ROAD |
30 Sep 2022 | £148,798 | £150,000 | FLAT 2 URBAN RISE, 42 - 45 FLEET STREET |
17 Jun 2022 | £85,204 | £84,000 | 6A COBURG PLACE |
22 Mar 2022 | £139,895 | £135,000 | FLAT 8 URBAN RISE, 42 - 45 FLEET STREET |
18 Mar 2022 | £128,497 | £124,000 | 63 WARREN ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 24 Apr 2012. Using an estimated price of £91,067 means this house is valued at £2,461 per sq meter (£228 per sq foot).
The average size of a house on COBURG PLACE is 74 sq meters (803 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).