£508,979
This estimated value is based upon the latest sale price for the house of £460,000 on 26 Oct 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £460,000 | 26 Oct 2021 |
| £290,000 | 15 Dec 2014 |
| £152,500 | 14 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2021 the House Price Index for TORBAY was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £460,000 results in an estimated price of approximately £508,979.
| 26 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £460,000 | £48,979 | £508,979 |
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 | -15.639 % | £-71,938 | £388,061 |
| 3 Month Average | -4.152 % | £-19,100 | £440,899 |
| 6 Month Average | -0.896 % | £-4,122 | £455,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2022 | £245,661 | £245,000 | 46 FOWEY AVENUE |
| 17 Jun 2022 | £248,512 | £245,000 | 58 FOWEY AVENUE |
| 1 Apr 2022 | £195,662 | £190,000 | 4 BRIM BROOK COURT |
| 26 Oct 2021 | £508,980 | £460,000 | LINHAY COTTAGE HIGHER EDGINSWELL LANE |
| 30 Sep 2021 | £177,803 | £165,000 | 76 FOWEY AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 14 Jul 2012. Using an estimated price of £508,980 means this house is valued at £3,635 per sq meter (£337 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Huntacott Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Huntacott Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walkham Rise |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walkham Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walkham Rise |