£185,344
This estimated value is based upon the latest sale price for the house of £138,500 on 6 Sep 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£138,500 | 6 Sep 2016 |
£114,500 | 10 Aug 2012 |
£50,000 | 26 Feb 1999 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2016 the House Price Index for TORBAY was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £138,500 results in an estimated price of approximately £185,344.
6 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £138,500 | £46,844 | £185,344 |
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 | 53.917 % | £74,674 | £213,174 |
3 Month Average | 30.564 % | £42,330 | £180,830 |
6 Month Average | 21.549 % | £29,844 | £168,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £203,121 | £200,000 | 25 ELM PARK |
13 Oct 2023 | £225,113 | £220,000 | 12 ELM PARK |
14 Jun 2023 | £423,487 | £415,000 | 31 ELM PARK |
25 Apr 2023 | £315,909 | £310,000 | 41 ELM PARK |
24 Mar 2023 | £246,110 | £242,000 | 57 ELM PARK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Aug 2013. Using an estimated price of £185,344 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on ELM PARK is 80 sq meters (864 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Berry Avenue |
May 2024 | Anti-social behaviour | On or near Berry Avenue | |
May 2024 | Anti-social behaviour | On or near Berry Avenue | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Avenue |