£572,702
This estimated value is based upon the latest sale price for the house of £387,500 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
There have been two burglaries within the last year on or near Wheatridge Lane
More crime details
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| Price Paid | Date |
|---|---|
| £387,500 | 12 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 February 2015 the House Price Index for TORBAY was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £387,500 results in an estimated price of approximately £572,702.
| 12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £387,500 | £185,202 | £572,702 |
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 | 11.767 % | £45,596 | £433,096 |
| 3 Month Average | 50.180 % | £194,447 | £581,947 |
| 6 Month Average | 40.642 % | £157,486 | £544,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £659,768 | £650,000 | SPRINGFIELD WHEATRIDGE LANE |
| 23 Aug 2023 | £398,486 | £395,000 | 6 SOUTH SANDS TORBAY ROAD |
| 24 Mar 2022 | £751,290 | £725,000 | 3 BARNFIELD ROAD |
| 8 Feb 2022 | £1,263,677 | £1,205,000 | THE CLIFFS TORBAY ROAD |
| 1 Feb 2022 | £1,185,025 | £1,130,000 | YELLOW TUBS TORBAY ROAD |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 14 Jul 2014. Using an estimated price of £572,702 means this house is valued at £2,591 per sq meter (£240 per sq foot).
The average size of a house on WHEATRIDGE LANE is 177 sq meters (1,911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wheatridge Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wheatridge Lane |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Woodleys Meadow |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Headland Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Headland Road |