£269,788
This estimated value is based upon the latest sale price for the house of £48,000 on 20 Jan 1995. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £48,000 | 20 Jan 1995 |
| Terraced |
| Freehold |
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 January 1995 the House Price Index for TORBAY was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £48,000 results in an estimated price of approximately £269,788.
| 20 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.059 % | £48,000 | £221,788 | £269,788 |
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 | 387.483 % | £185,991 | £233,991 |
| 3 Month Average | 386.743 % | £185,636 | £233,636 |
| 6 Month Average | 364.657 % | £175,035 | £223,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £257,926 | £250,000 | 18 GERSTON ROAD |
| 27 Nov 2023 | £252,407 | £246,000 | 23 GERSTON ROAD |
| 8 Sep 2023 | £260,748 | £255,000 | FLAT 48 VICTORIA STREET |
| 31 Aug 2023 | £157,847 | £155,000 | 31A GERSTON ROAD |
| 25 Aug 2023 | £76,378 | £75,000 | FLAT 5 REGENT HOUSE GERSTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Gerston Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gerston Road |
| Jul 2024 | Robbery | Under investigation | On or near Gerston Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Gerston Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Gerston Road |