£390,286
This estimated value is based upon the latest sale price for the house of £75,000 on 16 May 1997. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £75,000 | 16 May 1997 |
| Terraced |
| Freehold |
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 May 1997 the House Price Index for TORBAY was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £75,000 results in an estimated price of approximately £390,286.
| 16 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £75,000 | £315,286 | £390,286 |
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 | 442.235 % | £331,676 | £406,676 |
| 3 Month Average | 351.965 % | £263,974 | £338,974 |
| 6 Month Average | 323.097 % | £242,322 | £317,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £165,072 | £160,000 | GROUND FLOOR FLAT 44 PALACE AVENUE |
| 1 Sep 2023 | £117,592 | £115,000 | FLAT 8 WINNER COURT NEW STREET |
| 10 Mar 2023 | £122,038 | £120,000 | FLAT 3 31 NEW STREET |
| 17 Feb 2023 | £221,479 | £220,000 | 5 TOWER ROAD |
| 20 Jan 2023 | £60,161 | £60,000 | 36 WINNER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Theatre/Concert Hall |
| Jun 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Jun 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theatre/Concert Hall |