£101,780
This estimated value is based upon the latest sale price for the house of £100,000 on 6 Dec 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £100,000 | 6 Dec 2023 |
| £82,000 | 15 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 December 2023 the House Price Index for TORBAY was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £100,000 results in an estimated price of approximately £101,780.
| 6 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £100,000 | £1,780 | £101,780 |
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 | -19.258 % | £-19,258 | £80,741 |
| 3 Month Average | 0.536 % | £536 | £100,536 |
| 6 Month Average | -4.931 % | £-4,930 | £95,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £640,000 | £640,000 | 15 THORNE PARK ROAD |
| 6 Dec 2023 | £101,781 | £100,000 | FLAT 4 THE HIGHLANDS HERBERT ROAD |
| 28 Jul 2023 | £1,064,325 | £1,050,000 | THE OLD VICARAGE VICARAGE HILL |
| 11 Nov 2022 | £513,777 | £520,000 | GREENHAVEN HERBERT ROAD |
| 3 Aug 2022 | £376,487 | £377,500 | 34 BURRIDGE ROAD |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 18 Jun 2013. Using an estimated price of £101,781 means this house is valued at £3,283 per sq meter (£305 per sq foot).
The average size of a house on HERBERT ROAD is 193 sq meters (2,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Herbert Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forgeway Close |
| Jan 2024 | Anti-social behaviour | On or near Boundary Road | |
| Jan 2024 | Anti-social behaviour | On or near Boundary Road | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorne Park Road |