£414,506
This estimated value is based upon the latest sale price for the house of £148,000 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £148,000 | 12 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 July 2002 the House Price Index for TORBAY was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £148,000 results in an estimated price of approximately £414,506.
| 12 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £148,000 | £266,506 | £414,506 |
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 | 57.885 % | £85,670 | £233,670 |
| 3 Month Average | 139.485 % | £206,438 | £354,438 |
| 6 Month Average | 152.310 % | £225,419 | £373,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £320,802 | £316,700 | 16 BROADLEY DRIVE |
| 28 Sep 2023 | £369,727 | £365,000 | 4 MENDIP ROAD |
| 3 Apr 2023 | £390,707 | £386,500 | 18 MENDIP ROAD |
| 26 Jul 2022 | £370,999 | £370,000 | 19 COTSWOLD CLOSE |
| 8 Jun 2022 | £365,160 | £360,000 | 34 MENDIP ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 28 May 2020. Using an estimated price of £414,507 means this house is valued at £3,910 per sq meter (£363 per sq foot).
The average size of a house on COTSWOLD CLOSE is 128 sq meters (1,379 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mendip Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Other crime | Under investigation | On or near Supermarket |