£129,777
This estimated value is based upon the latest sale price for the house of £114,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £114,000 | 28 May 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 May 2021 the House Price Index for TORBAY was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £114,000 results in an estimated price of approximately £129,777.
| 28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £114,000 | £15,777 | £129,777 |
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 | 24.576 % | £28,016 | £142,016 |
| 3 Month Average | 12.511 % | £14,262 | £128,262 |
| 6 Month Average | -7.474 % | £-8,520 | £105,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £246,577 | £239,000 | 40 WINCHESTER AVENUE |
| 20 Nov 2023 | £99,526 | £97,000 | 108 LICHFIELD AVENUE |
| 31 Aug 2023 | £290,235 | £285,000 | 60 HAPPAWAY ROAD |
| 27 Apr 2023 | £254,765 | £250,000 | LUMMATON HOUSE LUMMATON CROSS |
| 10 Jan 2023 | £170,455 | £170,000 | FLAT 4 FAIRLEIGH LUMMATON CROSS |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 7 Jan 2021. Using an estimated price of £129,778 means this house is valued at £3,089 per sq meter (£287 per sq foot).
The average size of a house on LUMMATON CROSS is 108 sq meters (1,170 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Lummaton Cross | |
| Jul 2024 | Theft from the person | Under investigation | On or near Lummaton Cross |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lummaton Cross |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lummaton Cross |
| May 2024 | Anti-social behaviour | On or near Lummaton Cross |