£681,374
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Mar 2006. This value is then adjusted by the current Official House Price Index for TORBAY 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£390,000 | 3 Mar 2006 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 2006 the House Price Index for TORBAY was 84.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 74.711%.Applying this 74.711% change to the original purchase price of £390,000 results in an estimated price of approximately £681,374.
3 Mar 2006 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 147.0 | 74.711 % | £390,000 | £291,374 | £681,374 |
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 | 15.842 % | £61,783 | £451,783 |
3 Month Average | 31.338 % | £122,218 | £512,218 |
6 Month Average | 53.344 % | £208,042 | £598,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £729,008 | £730,000 | 8 RICHMOND CLOSE |
1 Jul 2022 | £683,951 | £690,000 | 8 BISHOPS RISE |
3 Dec 2021 | £773,127 | £730,000 | 6 RICHMOND CLOSE |
29 Sep 2021 | £612,500 | £575,000 | 15 BISHOPS RISE |
7 Sep 2021 | £862,826 | £810,000 | PANDORA ILSHAM MARINE DRIVE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 29 Nov 2013. Using an estimated price of £681,374 means this house is valued at £4,973 per sq meter (£462 per sq foot).
The average size of a house on ILSHAM MARINE DRIVE is 170 sq meters (1,835 sq feet).