£160,565
This estimated value is based upon the latest sale price for the house of £117,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £117,000 | 29 Jan 2016 |
| £117,000 | 29 Jan 2016 |
| £79,250 | 2 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2016 the House Price Index for TORBAY was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £117,000 results in an estimated price of approximately £160,565.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £117,000 | £43,565 | £160,565 |
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 | -10.139 % | £-11,863 | £105,136 |
| 3 Month Average | 4.666 % | £5,459 | £122,459 |
| 6 Month Average | 17.477 % | £20,448 | £137,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £136,386 | £134,000 | FLAT 2 RIDGEWAY HEIGHTS RIDGEWAY ROAD |
| 18 Jul 2023 | £162,183 | £160,000 | FLAT 8 RIDGEWAY HEIGHTS RIDGEWAY ROAD |
| 8 Jul 2022 | £175,472 | £175,000 | FLAT 7 KINGSDALE HIGHER ERITH ROAD |
| 4 Apr 2022 | £145,202 | £141,000 | FLAT 36 RIDGEWAY HEIGHTS RIDGEWAY ROAD |
| 18 Mar 2022 | £194,817 | £188,000 | FLAT 40 RIDGEWAY HEIGHTS RIDGEWAY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Jan 2019. Using an estimated price of £160,565 means this house is valued at £2,261 per sq meter (£210 per sq foot).
The average size of a house on RIDGEWAY ROAD is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Erith Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Erith Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Erith Road |
| Mar 2024 | Public order | Under investigation | On or near Higher Erith Road |
| Feb 2024 | Anti-social behaviour | On or near Higher Erith Road |