£197,509
This estimated value is based upon the latest sale price for the house of £161,000 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Wallace Avenue
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Price Paid | Date |
---|---|
£161,000 | 17 Dec 2019 |
£156,500 | 24 Aug 2007 |
£69,950 | 6 Jul 2001 |
£60,000 | 30 May 2000 |
£38,300 | 3 May 1996 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 December 2019 the House Price Index for TORBAY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £161,000 results in an estimated price of approximately £197,509.
17 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £161,000 | £36,509 | £197,509 |
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 | -14.049 % | £-22,619 | £138,380 |
3 Month Average | 8.192 % | £13,188 | £174,188 |
6 Month Average | 14.585 % | £23,481 | £184,481 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £235,005 | £232,000 | 4 HIGHER CADEWELL LANE |
21 Jul 2023 | £266,081 | £262,500 | 13 HIGHER CADEWELL LANE |
21 Jul 2023 | £162,690 | £160,500 | 2 WALLACE AVENUE |
24 Jun 2022 | £137,950 | £136,000 | FLAT 4 ST ANDREWS COURT CADEWELL LANE |
28 Mar 2022 | £494,815 | £477,500 | 72 CADEWELL LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Sep 2019. Using an estimated price of £197,509 means this house is valued at £2,781 per sq meter (£258 per sq foot).
The average size of a house on WALLACE AVENUE is 90 sq meters (970 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Wallace Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wallace Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Avenue |