£109,280
This estimated value is based upon the latest sale price for the house of £102,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £102,000 | 22 Dec 2021 |
| £75,000 | 4 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 December 2021 the House Price Index for TORBAY was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £102,000 results in an estimated price of approximately £109,280.
| 22 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £102,000 | £7,280 | £109,280 |
The Postcode Pricing Model uses changes in average sales price within the TQ5 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 | 20.613 % | £21,025 | £123,025 |
| 3 Month Average | -20.504 % | £-20,913 | £81,086 |
| 6 Month Average | -3.410 % | £-3,478 | £98,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £303,885 | £300,000 | 23 PENPETHY CLOSE |
| 12 Apr 2023 | £252,721 | £250,000 | 8 PENPETHY CLOSE |
| 27 Mar 2023 | £214,016 | £212,000 | FLAT 5 ROCK BANK WEST HIGHER MANOR ROAD |
| 24 Mar 2023 | £454,280 | £450,000 | JEWSON LTD NEW ROAD |
| 2 Sep 2022 | £168,638 | £170,000 | 83 NEW ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 19 May 2021. Using an estimated price of £109,280 means this house is valued at £2,483 per sq meter (£230 per sq foot).
The average size of a house on NEW ROAD is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Shopping Area | |
| Feb 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Shopping Area |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |