£257,431
This estimated value is based upon the latest sale price for the house of £76,000 on 16 Jul 2001. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £76,000 | 16 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2001 the House Price Index for TORBAY was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £76,000 results in an estimated price of approximately £257,431.
| 16 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £76,000 | £181,431 | £257,431 |
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 | 241.868 % | £183,820 | £259,820 |
| 3 Month Average | 184.230 % | £140,015 | £216,015 |
| 6 Month Average | 165.904 % | £126,087 | £202,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £100,876 | £100,000 | 54 SPENCER ROAD |
| 10 Feb 2023 | £250,171 | £248,500 | 70 SPENCER ROAD |
| 17 Jun 2022 | £209,478 | £205,000 | 60 SPENCER ROAD |
| 27 May 2022 | £238,206 | £232,000 | 58 SPENCER ROAD |
| 29 Apr 2022 | £202,297 | £195,000 | 68 SPENCER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Jan 2018. Using an estimated price of £257,432 means this house is valued at £3,258 per sq meter (£302 per sq foot).
The average size of a house on SPENCER ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Spencer Road |
| Jul 2024 | Other theft | Under investigation | On or near Spencer Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Spencer Road |