£108,532
This estimated value is based upon the latest sale price for the house of £86,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £86,000 | 20 Oct 2017 |
| £75,000 | 12 Feb 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 October 2017 the House Price Index for TORBAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £86,000 results in an estimated price of approximately £108,532.
| 20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £86,000 | £22,532 | £108,532 |
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 | -20.223 % | £-17,391 | £68,608 |
| 3 Month Average | 18.202 % | £15,653 | £101,653 |
| 6 Month Average | 22.322 % | £19,196 | £105,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £118,000 | £118,000 | 4 SOUTHWAY AVENUE |
| 15 Dec 2023 | £229,007 | £225,000 | 27 BARTON HILL ROAD |
| 17 Nov 2023 | £116,728 | £115,000 | FLAT 4 NEWTAKE HOUSE, 121 HELE ROAD |
| 1 Sep 2023 | £238,044 | £235,000 | 53 BARTON HILL ROAD |
| 25 Aug 2023 | £242,118 | £240,000 | 24 DORCHESTER GROVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 25 Mar 2017. Using an estimated price of £108,532 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on SOUTHWAY AVENUE is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |