£239,332
This estimated value is based upon the latest sale price for the house of £139,000 on 16 Mar 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £139,000 | 16 Mar 2012 |
| £71,500 | 15 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,075 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 March 2012 the House Price Index for TORBAY was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £139,000 results in an estimated price of approximately £239,332.
| 16 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £139,000 | £100,332 | £239,332 |
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 | 60.950 % | £84,719 | £223,719 |
| 3 Month Average | 74.288 % | £103,260 | £242,260 |
| 6 Month Average | 50.024 % | £69,533 | £208,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £85,162 | £83,000 | 28 MERRITT FLATS MERRITT ROAD |
| 29 Sep 2023 | £267,394 | £261,500 | 2 ADDISON ROAD |
| 17 Apr 2023 | £57,067 | £56,000 | 21 MERRITT FLATS MERRITT ROAD |
| 15 Mar 2023 | £200,346 | £197,000 | 13 EBENEZER ROAD |
| 9 Mar 2023 | £90,512 | £89,000 | 37 MERRITT FLATS MERRITT ROAD |
This house has a floor area of 99 sq meters or 1,075 sq feet when measured on 21 Nov 2011. Using an estimated price of £239,332 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on DERRELL ROAD is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Addison Road |