£93,880
This estimated value is based upon the latest sale price for the house of £87,500 on 17 Jun 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £87,500 | 17 Jun 2021 |
| £83,000 | 10 Aug 2012 |
| £24,000 | 11 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 625 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 June 2021 the House Price Index for TORBAY was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £87,500 results in an estimated price of approximately £93,880.
| 17 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £87,500 | £6,380 | £93,880 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | -41.040 % | £-35,909 | £51,590 |
| 3 Month Average | -27.713 % | £-24,248 | £63,251 |
| 6 Month Average | -19.261 % | £-16,853 | £70,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £719,196 | £710,000 | GREEN LEA LOWER ERITH ROAD |
| 20 Mar 2023 | £151,427 | £150,000 | FLAT 2 CUMBERNAULD HIGHER ERITH ROAD |
| 22 Jul 2022 | £90,243 | £90,000 | FLAT 3 MOUNT VERNON HIGHER ERITH ROAD |
| 8 Jul 2022 | £152,410 | £152,000 | FLAT 4 PALERMO LOWER ERITH ROAD |
| 8 Jul 2022 | £175,472 | £175,000 | FLAT 7 KINGSDALE HIGHER ERITH ROAD |
This house has a floor area of 58 sq meters or 625 sq feet when measured on 17 Sep 2011. Using an estimated price of £93,881 means this house is valued at £1,615 per sq meter (£150 per sq foot).
The average size of a house on HIGHER ERITH ROAD is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Higher Erith Road |
| Feb 2024 | Anti-social behaviour | On or near Higher Erith Road | |
| Feb 2024 | Anti-social behaviour | On or near Higher Erith Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Higher Erith Road |
| Jan 2024 | Possession of weapons | Under investigation | On or near Higher Erith Road |