£244,410
This estimated value is based upon the latest sale price for the house of £52,500 on 17 Sep 1998. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £52,500 | 17 Sep 1998 |
| £57,500 | 31 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 September 1998 the House Price Index for TORBAY was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £52,500 results in an estimated price of approximately £244,410.
| 17 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £52,500 | £191,910 | £244,410 |
The Postcode Pricing Model uses changes in average sales price within the TQ3 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 | 427.844 % | £224,618 | £277,118 |
| 3 Month Average | 289.344 % | £151,905 | £204,405 |
| 6 Month Average | 329.434 % | £172,952 | £225,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £109,399 | £108,000 | FLAT 5 CLARENDON COURT MEAD LANE |
| 11 Jul 2023 | £471,344 | £465,000 | 17 KINGS ROAD |
| 23 Jan 2023 | £338,406 | £340,000 | 35 KINGS ROAD |
| 20 Jan 2023 | £316,509 | £318,000 | 42 KINGS ROAD |
| 10 May 2022 | £214,033 | £210,000 | 5 MEAD CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Oct 2019. Using an estimated price of £244,411 means this house is valued at £2,777 per sq meter (£258 per sq foot).
The average size of a house on MEAD CLOSE is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Mead Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Mead Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Mead Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wilbarn Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lower Polsham Road |