£190,148
This estimated value is based upon the latest sale price for the house of £155,000 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £155,000 | 17 Dec 2019 |
| £124,500 | 3 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2019 the House Price Index for TORBAY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £155,000 results in an estimated price of approximately £190,148.
| 17 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £155,000 | £35,148 | £190,148 |
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 | 27.971 % | £43,354 | £198,354 |
| 3 Month Average | 17.653 % | £27,361 | £182,361 |
| 6 Month Average | 30.985 % | £48,027 | £203,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £248,333 | £248,500 | 70 SPENCER ROAD |
| 17 Jun 2022 | £207,939 | £205,000 | 60 SPENCER ROAD |
| 27 May 2022 | £236,455 | £232,000 | 58 SPENCER ROAD |
| 29 Apr 2022 | £200,811 | £195,000 | 68 SPENCER ROAD |
| 28 Feb 2022 | £277,904 | £265,000 | 45 MULBERRY CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Feb 2015. Using an estimated price of £190,149 means this house is valued at £2,535 per sq meter (£235 per sq foot).
The average size of a house on SPENCER ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Spencer Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |
| Jan 2024 | Drugs | Under investigation | On or near Spencer Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |