£99,131
This estimated value is based upon the latest sale price for the house of £58,000 on 30 Mar 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £58,000 | 30 Mar 2012 |
| £95,000 | 28 Jul 2006 |
| £60,000 | 20 Oct 2003 |
| £50,500 | 21 Nov 2002 |
| £38,500 | 31 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 588 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 March 2012 the House Price Index for TORBAY was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £58,000 results in an estimated price of approximately £99,131.
| 30 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £58,000 | £41,131 | £99,131 |
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 | 115.714 % | £67,113 | £125,113 |
| 3 Month Average | 57.944 % | £33,607 | £91,607 |
| 6 Month Average | 44.954 % | £26,073 | £84,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £116,728 | £115,000 | FLAT 4 NEWTAKE HOUSE, 121 HELE ROAD |
| 22 Sep 2023 | £182,331 | £180,000 | 13 CORFE CRESCENT |
| 25 Aug 2023 | £242,118 | £240,000 | 24 DORCHESTER GROVE |
| 14 Jun 2023 | £161,962 | £160,000 | 18 CORFE CRESCENT |
| 31 Mar 2023 | £296,796 | £294,000 | 119 HELE ROAD |
This house has a floor area of 54 sq meters or 588 sq feet when measured on 9 Sep 2011. Using an estimated price of £99,132 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on HELE ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hele Road |
| Mar 2024 | Burglary | Under investigation | On or near Hele Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hele Close |
| Mar 2024 | Anti-social behaviour | On or near Hele Close | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hele Close |