£224,717
This estimated value is based upon the latest sale price for the house of £180,000 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £180,000 | 31 Jul 2018 |
| £157,000 | 23 Jul 2015 |
| £152,000 | 27 Sep 2010 |
| £143,000 | 2 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 854 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 2018 the House Price Index for TORBAY was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £180,000 results in an estimated price of approximately £224,717.
| 31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £180,000 | £44,717 | £224,717 |
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 | 10.553 % | £18,994 | £198,994 |
| 3 Month Average | 12.061 % | £21,710 | £201,710 |
| 6 Month Average | 20.687 % | £37,236 | £217,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £153,907 | £150,000 | 41 SHERWELL LANE |
| 26 Sep 2023 | £235,184 | £230,000 | 6 SHERWELL HILL |
| 4 Sep 2023 | £245,410 | £240,000 | 29 SHERWELL LANE |
| 14 Apr 2023 | £257,822 | £253,000 | 61 MALLOCK ROAD |
| 15 Feb 2023 | £201,345 | £200,000 | 47 SHERWELL LANE |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 15 Jul 2010. Using an estimated price of £224,717 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on SHERWELL LANE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Sherwell Park Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwell Park Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherwell Park Road |
| Jul 2024 | Drugs | Further investigation is not in the public interest | On or near Sherwell Park Road |
| Jun 2024 | Anti-social behaviour | On or near Sherwell Park Road |