£553,802
This estimated value is based upon the latest sale price for the house of £410,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Velland Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £410,000 | 23 Mar 2016 |
| £155,000 | 11 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2016 the House Price Index for TORBAY was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £410,000 results in an estimated price of approximately £553,802.
| 23 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £410,000 | £143,802 | £553,802 |
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 | 73.455 % | £301,164 | £711,164 |
| 3 Month Average | 40.832 % | £167,410 | £577,410 |
| 6 Month Average | 34.072 % | £139,695 | £549,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £272,939 | £270,000 | 17 VELLAND AVENUE |
| 6 Feb 2023 | £204,862 | £205,000 | 61 VELLAND AVENUE |
| 25 Mar 2022 | £207,252 | £200,000 | 47 VELLAND AVENUE |
| 4 Mar 2022 | £227,978 | £220,000 | 57 VELLAND AVENUE |
| 28 Feb 2022 | £398,504 | £380,000 | 2 SUTTON MEWS |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 29 Oct 2015. Using an estimated price of £553,802 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on GREAT HILL ROAD is 154 sq meters (1,662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Velland Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Velland Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Velland Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Velland Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lawn Close |