£300,528
This estimated value is based upon the latest sale price for the house of £197,000 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £197,000 | 22 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 77 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 August 2014 the House Price Index for TORBAY was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £197,000 results in an estimated price of approximately £300,528.
| 22 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £197,000 | £103,528 | £300,528 |
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 | 13.847 % | £27,278 | £224,278 |
| 3 Month Average | 30.206 % | £59,504 | £256,504 |
| 6 Month Average | 45.066 % | £88,780 | £285,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £223,945 | £222,000 | 3 CORNACRE CLOSE |
| 19 Apr 2024 | £305,654 | £303,000 | 3 CORNACRE ROAD |
| 8 Jun 2023 | £323,993 | £317,500 | 6 CORNACRE ROAD |
| 27 Mar 2023 | £401,709 | £395,000 | 3 UPPER COCKINGTON LANE |
| 3 Mar 2023 | £457,643 | £450,000 | 5 UPPER COCKINGTON LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Jan 2014. Using an estimated price of £300,529 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on CORNACRE ROAD is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornacre Road |
| May 2024 | Anti-social behaviour | On or near Upper Cockington Lane | |
| May 2024 | Anti-social behaviour | On or near Upper Cockington Lane | |
| May 2024 | Anti-social behaviour | On or near Upper Cockington Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Courtland Road |