£486,389
This estimated value is based upon the latest sale price for the house of £450,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£450,000 | 22 Jun 2021 |
£365,000 | 7 Mar 2012 |
£397,500 | 30 Jan 2007 |
£155,000 | 25 Apr 2001 |
Freehold |
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 June 2021 the House Price Index for TORBAY was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £450,000 results in an estimated price of approximately £486,389.
22 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £450,000 | £36,389 | £486,389 |
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 | -34.393 % | £-154,770 | £295,229 |
3 Month Average | -15.499 % | £-69,744 | £380,255 |
6 Month Average | -8.729 % | £-39,282 | £410,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £324,986 | £315,000 | GARWAY LODGE GUEST HOUSE, 79 AVENUE ROAD |
12 Oct 2023 | £240,461 | £235,000 | 140 AVENUE ROAD |
29 Jun 2023 | £403,078 | £395,000 | 28 CLEVELAND ROAD |
21 Apr 2023 | £285,337 | £280,000 | 45 AVENUE ROAD |
20 Mar 2023 | £193,227 | £190,000 | 124 AVENUE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Vine Road | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vine Road |
Jun 2024 | Anti-social behaviour | On or near Vine Road | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Vine Road |
Jun 2024 | Anti-social behaviour | On or near Vine Road |