£234,101
This estimated value is based upon the latest sale price for the house of £49,500 on 26 Jun 1998. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£49,500 | 26 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 828 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 June 1998 the House Price Index for TORBAY was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £49,500 results in an estimated price of approximately £234,101.
26 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 149.7 | 372.931 % | £49,500 | £184,601 | £234,101 |
The Postcode Pricing Model uses changes in average sales price within the TQ4 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 | 337.558 % | £167,091 | £216,591 |
3 Month Average | 316.347 % | £156,591 | £206,091 |
6 Month Average | 291.933 % | £144,506 | £194,006 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £302,805 | £293,500 | 39 LANCASTER DRIVE |
24 Nov 2023 | £287,293 | £280,000 | 5 LANCASTER DRIVE |
11 Oct 2023 | £294,181 | £287,500 | 48 LANCASTER DRIVE |
28 Sep 2023 | £224,959 | £220,000 | 29 WYRE CLOSE |
1 Aug 2023 | £252,555 | £248,000 | 2 BOWLAND CLOSE |
This house has a floor area of 76 sq meters or 828 sq feet when measured on 12 Aug 2010. Using an estimated price of £234,101 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on LANCASTER DRIVE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furness Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Bowland Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tudor Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hambleton Way |
Jun 2024 | Drugs | Further investigation is not in the public interest | On or near Brixham Road |