£999,059
This estimated value is based upon the latest sale price for the house of £932,500 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
There have been two burglaries within the last year on or near Monterey Close
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| Price Paid | Date |
|---|---|
| £932,500 | 21 Dec 2021 |
| £865,000 | 24 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 261 sq meters or 2,809 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 December 2021 the House Price Index for TORBAY was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £932,500 results in an estimated price of approximately £999,059.
| 21 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £932,500 | £66,559 | £999,059 |
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 | 47.265 % | £440,744 | £1,373,244 |
| 3 Month Average | 14.508 % | £135,289 | £1,067,789 |
| 6 Month Average | 1.284 % | £11,971 | £944,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £263,907 | £260,000 | FLAT 11 PANORAMA LIVERMEAD HILL |
| 27 Jun 2022 | £710,034 | £700,000 | 13 MONTEREY CLOSE |
| 25 Mar 2022 | £326,423 | £315,000 | FLAT 2 CORBYN MOUNT UNDERHILL ROAD |
| 23 Feb 2022 | £239,627 | £228,500 | 9 BAYTHORPE LODGE LIVERMEAD HILL |
| 16 Feb 2022 | £330,339 | £315,000 | 23 HYPERION UNDERHILL ROAD |
This house has a floor area of 261 sq meters or 2,809 sq feet when measured on 6 Aug 2015. Using an estimated price of £999,059 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on COCKINGTON LANE is 151 sq meters (1,634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Monterey Close |
| Jan 2024 | Burglary | Under investigation | On or near Monterey Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hennapyn Road |
| Dec 2023 | Anti-social behaviour | On or near Hennapyn Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hennapyn Road |