£562,286
This estimated value is based upon the latest sale price for the house of £485,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £485,000 | 11 Nov 2020 |
| £250,000 | 28 Feb 2003 |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 November 2020 the House Price Index for TORBAY was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £485,000 results in an estimated price of approximately £562,286.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £485,000 | £77,286 | £562,286 |
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 | 47.043 % | £228,157 | £713,157 |
| 3 Month Average | 3.809 % | £18,475 | £503,475 |
| 6 Month Average | 20.873 % | £101,233 | £586,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £96,296 | £95,000 | 31 RICHMOND COURT OLDWAY ROAD |
| 14 Jul 2023 | £99,337 | £98,000 | 7 RICHMOND COURT OLDWAY ROAD |
| 14 Jun 2023 | £253,065 | £250,000 | 2 KINGSHURST DRIVE |
| 17 Apr 2023 | £161,691 | £159,950 | 52A OLDWAY ROAD |
| 11 Apr 2023 | £136,469 | £135,000 | 33 RICHMOND COURT OLDWAY ROAD |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 11 Jun 2018. Using an estimated price of £562,287 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on OLDWAY ROAD is 77 sq meters (837 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westhill Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laura Avenue |
| Feb 2024 | Anti-social behaviour | On or near Higher Polsham Road | |
| Feb 2024 | Anti-social behaviour | On or near Higher Polsham Road | |
| Feb 2024 | Public order | Under investigation | On or near Higher Polsham Road |