£381,442
This estimated value is based upon the latest sale price for the house of £265,000 on 23 Jul 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £265,000 | 23 Jul 2015 |
| £275,000 | 18 Apr 2005 |
| £249,500 | 29 Nov 2002 |
| £169,000 | 31 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 July 2015 the House Price Index for TORBAY was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £265,000 results in an estimated price of approximately £381,442.
| 23 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £265,000 | £116,442 | £381,442 |
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 | 7.867 % | £20,847 | £285,847 |
| 3 Month Average | 15.442 % | £40,920 | £305,920 |
| 6 Month Average | 23.955 % | £63,480 | £328,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £1,268,784 | £1,250,000 | EMBEMERE WATCOMBE HEIGHTS ROAD |
| 21 Apr 2023 | £424,571 | £420,000 | 4 HEAVISIDE CLOSE |
| 19 Jul 2022 | £1,002,699 | £1,000,000 | WATCOMBE LODGE TEIGNMOUTH ROAD |
| 25 Nov 2021 | £497,496 | £460,000 | 2 THE CONIFERS |
| 24 Sep 2021 | £323,278 | £300,000 | FLAT 8 MAIDENCOMBE HOUSE TEIGNMOUTH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 30 Mar 2015. Using an estimated price of £381,443 means this house is valued at £3,892 per sq meter (£361 per sq foot).
The average size of a house on TEIGNMOUTH ROAD is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Conference/Exhibition Centre |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watcombe Heights Road |
| Mar 2024 | Other theft | Under investigation | On or near Ashley Priors Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |