£347,901
This estimated value is based upon the latest sale price for the house of £340,000 on 26 Oct 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£340,000 | 26 Oct 2023 |
£204,000 | 22 Mar 2012 |
£68,250 | 16 Apr 1999 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,246 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 October 2023 the House Price Index for TORBAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £340,000 results in an estimated price of approximately £347,901.
26 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £340,000 | £7,901 | £347,901 |
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 | -9.271 % | £-31,522 | £308,477 |
3 Month Average | -1.099 % | £-3,736 | £336,263 |
6 Month Average | -3.084 % | £-10,485 | £329,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £415,548 | £405,000 | 57 HOOKHILLS ROAD |
27 Oct 2023 | £294,693 | £288,000 | 69 GIBSON ROAD |
26 Oct 2023 | £347,902 | £340,000 | 120 GIBSON ROAD |
24 Oct 2023 | £312,088 | £305,000 | 59 GIBSON ROAD |
8 Aug 2023 | £305,510 | £300,000 | 15 ASHBURN WALK |
This house has a floor area of 115 sq meters or 1,246 sq feet when measured on 4 Jun 2010. Using an estimated price of £347,902 means this house is valued at £3,004 per sq meter (£279 per sq foot).
The average size of a house on GIBSON ROAD is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Hookhills Road |
May 2024 | Theft from the person | Under investigation | On or near Hookhills Road |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Hookhills Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hookhills Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hookhills Road |