£147,884
This estimated value is based upon the latest sale price for the house of £85,000 on 18 May 2011. 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 Mill Lane
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Price Paid | Date |
---|---|
£85,000 | 18 May 2011 |
£42,500 | 4 Jun 1999 |
£32,950 | 9 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 542 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 2011 the House Price Index for TORBAY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £85,000 results in an estimated price of approximately £147,884.
18 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £85,000 | £62,884 | £147,884 |
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 | 6.910 % | £5,873 | £90,873 |
3 Month Average | 37.385 % | £31,777 | £116,777 |
6 Month Average | 51.689 % | £43,935 | £128,935 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £139,161 | £136,000 | 2 FERNLEA MILL LANE |
22 Sep 2023 | £143,156 | £140,000 | 33 SOUTH STREET |
31 Mar 2023 | £452,558 | £445,000 | 12 BRIDGE ROAD |
10 Mar 2023 | £325,435 | £320,000 | 13 BAMPFYLDE ROAD |
4 Aug 2022 | £309,445 | £307,998 | 36 BAMPFYLDE ROAD |
This house has a floor area of 50 sq meters or 542 sq feet when measured on 23 Dec 2010. Using an estimated price of £147,885 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on MILL LANE is 143 sq meters (1,543 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (542 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Lane |
Jun 2024 | Burglary | Under investigation | On or near Lansdowne Road |
Jun 2024 | Anti-social behaviour | On or near Lansdowne Road | |
Jun 2024 | Anti-social behaviour | On or near Lansdowne Road |