£936,258
This estimated value is based upon the latest sale price for the house of £625,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £625,000 | 8 Aug 2014 |
| 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 August 2014 the House Price Index for TORBAY was 98.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 49.801%.Applying this 49.801% change to the original purchase price of £625,000 results in an estimated price of approximately £936,258.
| 8 Aug 2014 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 147.0 | 49.801 % | £625,000 | £311,258 | £936,258 |
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 | 24.638 % | £153,986 | £778,986 |
| 3 Month Average | 25.200 % | £157,500 | £782,500 |
| 6 Month Average | 31.240 % | £195,251 | £820,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £729,008 | £730,000 | 8 RICHMOND CLOSE |
| 1 Jul 2022 | £683,951 | £690,000 | 8 BISHOPS RISE |
| 3 Dec 2021 | £773,127 | £730,000 | 6 RICHMOND CLOSE |
| 29 Sep 2021 | £612,500 | £575,000 | 15 BISHOPS RISE |
| 7 Sep 2021 | £862,826 | £810,000 | PANDORA ILSHAM MARINE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |