£332,325
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Sep 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Nursery Close
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| Price Paid | Date |
|---|---|
| £325,000 | 27 Sep 2023 |
| £192,500 | 8 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 988 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 2023 the House Price Index for TORBAY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £325,000 results in an estimated price of approximately £332,325.
| 27 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £325,000 | £7,325 | £332,325 |
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 | 18.370 % | £59,700 | £384,700 |
| 3 Month Average | -8.669 % | £-28,172 | £296,827 |
| 6 Month Average | -10.866 % | £-35,315 | £289,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £332,326 | £325,000 | 3 NURSERY CLOSE |
| 22 Sep 2023 | £94,074 | £92,000 | 75 MERRITT FLATS TOTNES ROAD |
| 29 Jun 2023 | £30,613 | £30,000 | 48 MERRITT FLATS TOTNES ROAD |
| 28 Apr 2023 | £143,178 | £140,500 | 1 WILLICOMBE ROAD |
| 22 Mar 2023 | £136,276 | £134,000 | FLAT 1 89 TOTNES ROAD |
This house has a floor area of 91 sq meters or 988 sq feet when measured on 13 Mar 2012. Using an estimated price of £332,326 means this house is valued at £3,618 per sq meter (£336 per sq foot).
The average size of a house on NURSERY CLOSE is 123 sq meters (1,331 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Nursery Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nursery Close |
| May 2024 | Other crime | Further action is not in the public interest | On or near Nursery Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gurneys |
| Jul 2024 | Vehicle crime | Under investigation | On or near Manor Terrace |