£275,125
This estimated value is based upon the latest sale price for the house of £158,000 on 25 Aug 2011. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £158,000 | 25 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 963 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 2011 the House Price Index for TORBAY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £158,000 results in an estimated price of approximately £275,125.
| 25 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £158,000 | £117,125 | £275,125 |
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 | 46.100 % | £72,837 | £230,837 |
| 3 Month Average | 44.062 % | £69,617 | £227,617 |
| 6 Month Average | 36.464 % | £57,613 | £215,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £247,609 | £240,000 | 40 GIBSON ROAD |
| 11 Dec 2023 | £233,165 | £226,000 | 32 GIBSON ROAD |
| 16 Nov 2023 | £287,293 | £280,000 | 71 GOODRINGTON ROAD |
| 13 Nov 2023 | £307,814 | £300,000 | 81 GOODRINGTON ROAD |
| 10 Oct 2023 | £593,479 | £580,000 | 9 STABB DRIVE |
This house has a floor area of 89 sq meters or 963 sq feet when measured on 13 May 2011. Using an estimated price of £275,125 means this house is valued at £3,074 per sq meter (£285 per sq foot).
The average size of a house on GIBSON GARDENS is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gibson Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibson Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Davies Avenue |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Davies Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Davies Avenue |