£227,423
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Jun 2006. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Jun 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2006 the House Price Index for TORBAY was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £130,000 results in an estimated price of approximately £227,423.
| 28 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £130,000 | £97,423 | £227,423 |
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 | 59.278 % | £77,060 | £207,060 |
| 3 Month Average | 41.328 % | £53,725 | £183,725 |
| 6 Month Average | 35.086 % | £45,612 | £175,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £165,072 | £160,000 | GROUND FLOOR FLAT 44 PALACE AVENUE |
| 1 Sep 2023 | £117,592 | £115,000 | FLAT 8 WINNER COURT NEW STREET |
| 10 Mar 2023 | £122,038 | £120,000 | FLAT 3 31 NEW STREET |
| 8 Aug 2022 | £165,775 | £165,000 | 32A TOTNES ROAD |
| 8 Jul 2022 | £732,338 | £725,000 | WESTMINSTER HOUSE, 38 - 40 PALACE AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Jul 2017. Using an estimated price of £227,424 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on NEW STREET is 130 sq meters (1,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near New Street | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Jul 2024 | Other crime | Under investigation | On or near New Street |
| Jul 2024 | Other theft | Under investigation | On or near New Street |