£316,079
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Sep 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £210,000 | 1 Sep 2014 |
| £164,950 | 8 Dec 2003 |
| £105,000 | 18 Dec 2000 |
| £67,500 | 2 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2014 the House Price Index for TORBAY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £210,000 results in an estimated price of approximately £316,079.
| 1 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £210,000 | £106,079 | £316,079 |
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 | -5.526 % | £-11,605 | £198,394 |
| 3 Month Average | 20.974 % | £44,045 | £254,045 |
| 6 Month Average | 30.907 % | £64,903 | £274,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £254,452 | £250,000 | 18 GERSTON ROAD |
| 27 Nov 2023 | £249,697 | £246,000 | 23 GERSTON ROAD |
| 8 Sep 2023 | £258,303 | £255,000 | FLAT 48 VICTORIA STREET |
| 31 Aug 2023 | £156,368 | £155,000 | 31A GERSTON ROAD |
| 25 Aug 2023 | £75,662 | £75,000 | FLAT 5 REGENT HOUSE GERSTON ROAD |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 11 Jun 2014. Using an estimated price of £316,079 means this house is valued at £1,646 per sq meter (£152 per sq foot).
The average size of a house on GERSTON ROAD is 87 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gerston Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerston Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gerston Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerston Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Gerston Road |