£158,839
This estimated value is based upon the latest sale price for the house of £136,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £136,000 | 30 Nov 2020 |
| £115,000 | 19 Sep 2014 |
| £130,000 | 1 Dec 2006 |
| £59,950 | 6 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 November 2020 the House Price Index for TORBAY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £136,000 results in an estimated price of approximately £158,839.
| 30 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £136,000 | £22,839 | £158,839 |
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 | 38.026 % | £51,715 | £187,715 |
| 3 Month Average | 12.562 % | £17,083 | £153,083 |
| 6 Month Average | 7.582 % | £10,310 | £146,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £240,000 | £240,000 | FLAT 11 THE CLARIDGE, 5 EUGENE ROAD |
| 12 Apr 2024 | £353,066 | £350,000 | 4 SEAWAY ROAD |
| 12 Sep 2023 | £218,824 | £214,000 | 17 EUGENE ROAD |
| 17 Aug 2023 | £112,020 | £110,000 | GROUND FLOOR UNIT 331 TORQUAY ROAD |
| 29 Jun 2023 | £170,925 | £167,500 | 26B EUGENE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Jun 2012. Using an estimated price of £158,839 means this house is valued at £2,175 per sq meter (£202 per sq foot).
The average size of a house on TORQUAY ROAD is 74 sq meters (802 sq feet).