£1,276,739
This estimated value is based upon the latest sale price for the house of £745,000 on 15 Oct 2010. 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 Walnut Lane
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| Price Paid | Date |
|---|---|
| £745,000 | 15 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 514 sq meters or 5,540 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 2010 the House Price Index for TORBAY was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £745,000 results in an estimated price of approximately £1,276,739.
| 15 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £745,000 | £531,739 | £1,276,739 |
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 | 8.805 % | £65,599 | £810,599 |
| 3 Month Average | 29.298 % | £218,270 | £963,270 |
| 6 Month Average | 39.849 % | £296,877 | £1,041,877 |
| 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 |
| 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 |
| 7 Mar 2023 | £116,953 | £115,000 | FLAT 5 WALNUT COURT, 10 WALNUT ROAD |
This house has a floor area of 514 sq meters or 5,540 sq feet when measured on 25 Jun 2009. Using an estimated price of £1,276,739 means this house is valued at £2,480 per sq meter (£230 per sq foot).
The average size of a house on OLD MILL ROAD is 129 sq meters (1,397 sq feet).
This house is the largest in the street with a floor area of 514 sq meters (5,540 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Walnut Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Walnut Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Walnut Lane |
| Jul 2024 | Drugs | Under investigation | On or near Walnut Lane |
| Jun 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Walnut Lane |