£165,421
This estimated value is based upon the latest sale price for the house of £97,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £97,000 | 4 May 2012 |
| £36,000 | 8 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 May 2012 the House Price Index for TORBAY was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £97,000 results in an estimated price of approximately £165,421.
| 4 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £97,000 | £68,421 | £165,421 |
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 | 109.714 % | £106,422 | £203,422 |
| 3 Month Average | 59.132 % | £57,358 | £154,358 |
| 6 Month Average | 44.904 % | £43,556 | £140,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £141,717 | £140,000 | FLAT 2 LAURISTON COURT TOR HILL ROAD |
| 20 Jun 2023 | £141,717 | £140,000 | FLAT 4 LAURISTON COURT TOR HILL ROAD |
| 17 Jun 2022 | £138,964 | £137,000 | FLAT 2 LAURISTON HOUSE TOR HILL ROAD |
| 29 Apr 2022 | £146,746 | £142,500 | FLAT 1 LAURISTON COURT TOR HILL ROAD |
| 1 Apr 2022 | £144,172 | £140,000 | FLAT 3 LAURISTON COURT TOR HILL ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Jan 2014. Using an estimated price of £165,422 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on PALM ROAD is 118 sq meters (1,270 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Palm Road | |
| Jan 2024 | Anti-social behaviour | On or near Palm Road | |
| Jan 2024 | Anti-social behaviour | On or near Palm Road | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Southlands Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Southlands Road |