£183,634
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Dec 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £145,000 | 11 Dec 2017 |
| £140,000 | 16 Apr 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 648 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 2017 the House Price Index for TORBAY was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £145,000 results in an estimated price of approximately £183,634.
| 11 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £145,000 | £38,634 | £183,634 |
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 | -4.227 % | £-6,128 | £138,871 |
| 3 Month Average | 11.534 % | £16,724 | £161,724 |
| 6 Month Average | 20.925 % | £30,340 | £175,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £192,000 | £192,000 | TOP FLOOR FLAT SPRINGHILL SOLSBRO ROAD |
| 19 Dec 2023 | £118,646 | £115,000 | 13 WALNUT ROAD |
| 8 Dec 2023 | £144,438 | £140,000 | 3 ELMSLEIGH SOLSBRO ROAD |
| 9 Oct 2023 | £161,672 | £158,000 | FLAT 21 WALNUT COURT, 10 WALNUT ROAD |
| 30 Mar 2023 | £149,497 | £147,000 | FLAT 22 WALNUT COURT, 10 WALNUT ROAD |
This house has a floor area of 60 sq meters or 648 sq feet when measured on 22 Jun 2009. Using an estimated price of £183,635 means this house is valued at £3,046 per sq meter (£283 per sq foot).
The average size of a house on SOLSBRO ROAD is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Solsbro Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Solsbro Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Solsbro Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walnut Road |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Walnut Lane |