£104,404
This estimated value is based upon the latest sale price for the house of £89,000 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £89,000 | 26 Oct 2020 |
| £77,000 | 23 Dec 2011 |
| £89,500 | 18 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2020 the House Price Index for TORBAY was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £89,000 results in an estimated price of approximately £104,404.
| 26 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £89,000 | £15,404 | £104,404 |
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 | -27.212 % | £-24,218 | £64,781 |
| 3 Month Average | 12.409 % | £11,043 | £100,043 |
| 6 Month Average | 12.070 % | £10,742 | £99,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £120,845 | £119,300 | FIRST FLOOR FLAT 171 LICHFIELD AVENUE |
| 28 Apr 2023 | £106,143 | £105,000 | FLAT 1 ORCHARD MEWS ORCHARD ROAD |
| 31 Mar 2023 | £84,799 | £84,000 | 92 HELE ROAD |
| 24 Mar 2023 | £196,855 | £195,000 | 265 LICHFIELD AVENUE |
| 10 Mar 2023 | £181,712 | £180,000 | 40 HELE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 14 Jan 2020. Using an estimated price of £104,404 means this house is valued at £1,606 per sq meter (£149 per sq foot).
The average size of a house on LICHFIELD AVENUE is 73 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gloucester Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gloucester Close |