£174,364
This estimated value is based upon the latest sale price for the house of £130,000 on 5 Aug 2016. 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 Falloway Close
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| Price Paid | Date |
|---|---|
| £130,000 | 5 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2016 the House Price Index for TORBAY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £130,000 results in an estimated price of approximately £174,364.
| 5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £130,000 | £44,364 | £174,364 |
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 | 1.744 % | £2,267 | £132,267 |
| 3 Month Average | 26.931 % | £35,010 | £165,010 |
| 6 Month Average | 29.592 % | £38,469 | £168,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £434,171 | £427,500 | ROCK HOUSE, 4A ISAACS ROAD |
| 5 Mar 2024 | £274,213 | £270,000 | 88 HAPPAWAY ROAD |
| 8 Sep 2023 | £429,467 | £420,000 | 4 ISAACS ROAD |
| 31 Aug 2023 | £290,235 | £285,000 | 60 HAPPAWAY ROAD |
| 25 Aug 2023 | £254,592 | £250,000 | 36 HORACE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 May 2016. Using an estimated price of £174,364 means this house is valued at £2,100 per sq meter (£195 per sq foot).
The average size of a house on FALLOWAY CLOSE is 112 sq meters (1,214 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Falloway Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falloway Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rose Dene |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Rose Dene |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Clennon Lane |