£236,429
This estimated value is based upon the latest sale price for the house of £47,000 on 26 Sep 1997. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £47,000 | 26 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 September 1997 the House Price Index for TORBAY was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £47,000 results in an estimated price of approximately £236,429.
| 26 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £47,000 | £189,429 | £236,429 |
The Postcode Pricing Model uses changes in average sales price within the TQ3 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 | 412.111 % | £193,692 | £240,692 |
| 3 Month Average | 329.582 % | £154,903 | £201,903 |
| 6 Month Average | 311.930 % | £146,607 | £193,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £409,296 | £400,000 | SUMMER COTTAGE POLSHAM MEWS, 35 LOWER POLSHAM ROAD |
| 3 Oct 2023 | £388,831 | £380,000 | 37 LOWER POLSHAM ROAD |
| 6 Sep 2023 | £110,434 | £108,000 | FLAT 5 CLARENDON COURT MEAD LANE |
| 11 Aug 2023 | £386,980 | £380,000 | ROSE BANK POLSHAM MEWS, 39 LOWER POLSHAM ROAD |
| 23 Jan 2023 | £340,911 | £340,000 | 35 KINGS ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Feb 2020. Using an estimated price of £236,429 means this house is valued at £3,637 per sq meter (£337 per sq foot).
The average size of a house on MEAD CLOSE is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Mead Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Logan Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wilbarn Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wilbarn Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wilbarn Road |