£222,504
This estimated value is based upon the latest sale price for the house of £180,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £180,000 | 31 May 2019 |
| £125,000 | 8 Aug 2018 |
| £156,200 | 6 Nov 2008 |
| Flats/Maisonettes |
| Leasehold |
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 May 2019 the House Price Index for TORBAY was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £180,000 results in an estimated price of approximately £222,504.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £180,000 | £42,504 | £222,504 |
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 | -29.140 % | £-52,452 | £127,547 |
| 3 Month Average | -2.814 % | £-5,064 | £174,935 |
| 6 Month Average | 24.208 % | £43,573 | £223,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £300,253 | £295,000 | MERLEWOOD COTTAGE MEADFOOT ROAD |
| 29 Aug 2023 | £252,206 | £250,000 | 57 BRADDONS HILL ROAD EAST |
| 2 Jun 2023 | £657,970 | £650,000 | ORLANDON, 8 TORWOOD CLOSE |
| 3 Mar 2023 | £171,617 | £170,000 | FLAT 10 ST ANDREWS MONASTERY TORWOOD GARDENS ROAD |
| 30 Nov 2022 | £113,624 | £115,000 | FLAT 5 LORNA DOONE TORWOOD GARDENS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Meadfoot Road |