£460,931
This estimated value is based upon the latest sale price for the house of £270,000 on 20 Aug 2010. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £270,000 | 20 Aug 2010 |
| £132,000 | 11 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 526 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 August 2010 the House Price Index for TORBAY was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £270,000 results in an estimated price of approximately £460,931.
| 20 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £270,000 | £190,931 | £460,931 |
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 | 4.647 % | £12,546 | £282,546 |
| 3 Month Average | 25.959 % | £70,088 | £340,088 |
| 6 Month Average | 42.794 % | £115,544 | £385,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £121,682 | £119,000 | FLAT 5 2 ST LUKES ROAD |
| 4 Aug 2023 | £84,728 | £83,200 | 20B TOR HILL ROAD |
| 6 Mar 2023 | £81,359 | £80,000 | 18B TOR HILL ROAD |
| 25 Jan 2023 | £138,370 | £138,000 | 2 TOR HILL ROAD |
| 5 Oct 2022 | £94,684 | £95,000 | 18A - 18C TOR HILL ROAD |
This house has a floor area of 48 sq meters or 526 sq feet when measured on 5 May 2010. Using an estimated price of £460,932 means this house is valued at £9,418 per sq meter (£874 per sq foot).