£225,770
This estimated value is based upon the latest sale price for the house of £150,000 on 22 Sep 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 22 Sep 2014 |
| £149,950 | 25 May 2012 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 672 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 £150,000 results in an estimated price of approximately £225,770.
| 22 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £150,000 | £75,770 | £225,770 |
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 | 47.834 % | £71,751 | £221,751 |
| 3 Month Average | 30.012 % | £45,017 | £195,017 |
| 6 Month Average | 51.893 % | £77,839 | £227,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £259,773 | £257,500 | 23 REDBURN ROAD |
| 7 Feb 2023 | £326,780 | £327,000 | 20 REDBURN CLOSE |
| 25 Aug 2022 | £413,886 | £415,000 | 61 REDBURN ROAD |
| 8 Jul 2022 | £290,733 | £289,950 | 18 REDBURN CLOSE |
| 8 Oct 2021 | £178,143 | £161,000 | 3A REDBURN ROAD |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 2 Aug 2011. Using an estimated price of £225,771 means this house is valued at £3,615 per sq meter (£335 per sq foot).
The average size of a house on REDBURN ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redburn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redburn Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redburn Road |
| Jan 2024 | Public order | Under investigation | On or near Cherry Gardens |
| Feb 2024 | Shoplifting | Under investigation | On or near Jubilee Terrace |