£1,216,788
This estimated value is based upon the latest sale price for the house of £355,000 on 4 May 2001. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £355,000 | 4 May 2001 |
| £210,000 | 3 Dec 1997 |
| Detached |
| 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 May 2001 the House Price Index for TORBAY was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £355,000 results in an estimated price of approximately £1,216,788.
| 4 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £355,000 | £861,788 | £1,216,788 |
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 | 106.575 % | £378,341 | £733,341 |
| 3 Month Average | 124.572 % | £442,229 | £797,229 |
| 6 Month Average | 171.388 % | £608,427 | £963,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £187,780 | £185,000 | 3 WELLSWOOD HEIGHTS HIGHER ERITH ROAD |
| 11 Sep 2023 | £486,217 | £480,000 | FLAT 1 PENQUIT HOUSE WOODEND ROAD |
| 19 Aug 2022 | £997,315 | £1,000,000 | ERLWOOD WOODEND ROAD |
| 25 Feb 2022 | £113,259 | £108,000 | 6 TUDOR LODGE HIGHER ERITH ROAD |
| 20 Dec 2021 | £115,709 | £108,000 | 7 TUDOR LODGE HIGHER ERITH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Acadia Road |
| 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 |