£337,238
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Oct 2019. 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
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| Price Paid | Date |
|---|---|
| £275,000 | 4 Oct 2019 |
| £175,000 | 28 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2019 the House Price Index for TORBAY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £275,000 results in an estimated price of approximately £337,238.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £275,000 | £62,238 | £337,238 |
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 | -26.398 % | £-72,594 | £202,405 |
| 3 Month Average | 8.763 % | £24,097 | £299,097 |
| 6 Month Average | 15.953 % | £43,872 | £318,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £117,105 | £115,371 | 11 SUTTON CLOSE |
| 30 Nov 2023 | £299,433 | £295,000 | 58 SWEDWELL ROAD |
| 30 Nov 2023 | £273,042 | £269,000 | 1 SUTTON CLOSE |
| 24 Nov 2023 | £218,231 | £215,000 | 43 SWEDWELL ROAD |
| 27 Sep 2023 | £364,663 | £360,000 | 52 SWEDWELL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Dec 2014. Using an estimated price of £337,239 means this house is valued at £3,876 per sq meter (£360 per sq foot).
The average size of a house on SWEDWELL ROAD is 96 sq meters (1,036 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 Swedwell Road | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swedwell Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swedwell Road |