£507,383
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Mar 2001. 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 Wallace Avenue
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| Price Paid | Date |
|---|---|
| £145,000 | 23 Mar 2001 |
| £80,000 | 30 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 March 2001 the House Price Index for TORBAY was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £145,000 results in an estimated price of approximately £507,383.
| 23 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £145,000 | £362,383 | £507,383 |
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 | 276.966 % | £401,600 | £546,600 |
| 3 Month Average | 225.998 % | £327,697 | £472,697 |
| 6 Month Average | 214.054 % | £310,377 | £455,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £162,690 | £160,500 | 2 WALLACE AVENUE |
| 17 Jul 2023 | £218,947 | £216,000 | 25 LARCH WALK |
| 19 Apr 2023 | £338,646 | £335,000 | BURCOT VEILLE LANE |
| 31 Mar 2023 | £267,520 | £265,000 | 41 DART AVENUE |
| 1 Feb 2023 | £349,765 | £350,000 | 42 DART AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Mar 2014. Using an estimated price of £507,384 means this house is valued at £6,264 per sq meter (£581 per sq foot).
The average size of a house on COLLATON ROAD is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Avenue |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Wallace Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Wallace Avenue |