£240,728
This estimated value is based upon the latest sale price for the house of £142,000 on 24 Sep 2010. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Velland Avenue
More crime details
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Price Paid | Date |
---|---|
£142,000 | 24 Sep 2010 |
£152,000 | 6 Jul 2007 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 739 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 2010 the House Price Index for TORBAY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £142,000 results in an estimated price of approximately £240,728.
24 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £142,000 | £98,728 | £240,728 |
The Postcode Pricing Model uses changes in average sales price within the TQ2 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 | -4.144 % | £-5,884 | £136,115 |
3 Month Average | 37.719 % | £53,560 | £195,560 |
6 Month Average | 42.562 % | £60,438 | £202,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £117,105 | £115,371 | 11 SUTTON CLOSE |
30 Nov 2023 | £273,042 | £269,000 | 1 SUTTON CLOSE |
3 Nov 2023 | £243,607 | £240,000 | 42 VELLAND AVENUE |
24 Jul 2023 | £228,070 | £225,000 | 27 SUTTON CLOSE |
21 Apr 2023 | £197,122 | £195,000 | 9 SUTTON CLOSE |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 18 Feb 2010. Using an estimated price of £240,728 means this house is valued at £3,505 per sq meter (£325 per sq foot).
The average size of a house on VELLAND AVENUE is 74 sq meters (805 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Velland Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Velland Avenue |
Apr 2024 | Anti-social behaviour | On or near The Mount | |
Apr 2024 | Anti-social behaviour | On or near Swedwell Road | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swedwell Road |