£79,167
This estimated value is based upon the latest sale price for the house of £55,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £55,000 | 10 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 July 2015 the House Price Index for TORBAY was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £55,000 results in an estimated price of approximately £79,167.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £55,000 | £24,167 | £79,167 |
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 | 103.803 % | £57,091 | £112,091 |
| 3 Month Average | 32.945 % | £18,119 | £73,119 |
| 6 Month Average | 42.385 % | £23,311 | £78,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £218,231 | £215,000 | 74 WATERLEAT AVENUE |
| 15 Feb 2023 | £209,859 | £210,000 | 24 WATERLEAT AVENUE |
| 2 Sep 2022 | £264,167 | £266,300 | 89 WATERLEAT AVENUE |
| 26 Aug 2022 | £234,369 | £235,000 | 84 WATERLEAT AVENUE |
| 5 Aug 2022 | £239,356 | £240,000 | 60 WATERLEAT AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 May 2015. Using an estimated price of £79,167 means this house is valued at £1,583 per sq meter (£147 per sq foot).
The average size of a house on TWO ACRE CLOSE is 88 sq meters (956 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Two Acre Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Two Acre Close |
| Apr 2024 | Drugs | Further investigation is not in the public interest | On or near Two Acre Close |
| Apr 2024 | Public order | Under investigation | On or near Two Acre Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Two Acre Close |