£218,004
This estimated value is based upon the latest sale price for the house of £172,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £172,000 | 29 Sep 2017 |
| £98,000 | 22 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 942 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 September 2017 the House Price Index for TORBAY was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £172,000 results in an estimated price of approximately £218,004.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £172,000 | £46,004 | £218,004 |
The Postcode Pricing Model uses changes in average sales price within the TQ3 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 | 75.710 % | £130,220 | £302,220 |
| 3 Month Average | 11.808 % | £20,310 | £192,310 |
| 6 Month Average | 29.594 % | £50,902 | £222,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £274,057 | £270,000 | 5 BAY VIEW |
| 27 Jun 2023 | £561,805 | £555,000 | 3 BAY VIEW WEST |
| 6 Mar 2023 | £302,803 | £299,950 | 38 BAY VIEW |
| 8 Jun 2022 | £86,218 | £85,000 | 342A TORQUAY ROAD |
| 19 May 2022 | £211,995 | £208,000 | 383 TORQUAY ROAD |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 31 Oct 2008. Using an estimated price of £218,004 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on BAY VIEW is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Bay View |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Formal action is not in the public interest | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |