£432,374
This estimated value is based upon the latest sale price for the house of £350,000 on 16 Jan 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £350,000 | 16 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2019 the House Price Index for TORBAY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £350,000 results in an estimated price of approximately £432,374.
| 16 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £350,000 | £82,374 | £432,374 |
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 | 50.968 % | £178,387 | £528,387 |
| 3 Month Average | 28.859 % | £101,005 | £451,005 |
| 6 Month Average | 27.335 % | £95,673 | £445,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £364,663 | £360,000 | 5 PADACRE ROAD |
| 17 Jul 2023 | £293,956 | £290,000 | 7 FROUDE AVENUE |
| 28 Apr 2023 | £525,660 | £520,000 | 6 MERRIVALE CLOSE |
| 3 Apr 2023 | £535,769 | £530,000 | 4 SCORESBY CLOSE |
| 3 Mar 2023 | £333,139 | £330,000 | 23 PADACRE ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 8 Jun 2020. Using an estimated price of £432,374 means this house is valued at £2,685 per sq meter (£249 per sq foot).
The average size of a house on KINGSGATE CLOSE is 197 sq meters (2,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Padacre Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bove Park Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mincent Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mincent Close |
| Feb 2024 | Anti-social behaviour | On or near Mincent Close |