£396,712
This estimated value is based upon the latest sale price for the house of £270,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £270,000 | 17 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 April 2015 the House Price Index for TORBAY was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £270,000 results in an estimated price of approximately £396,712.
| 17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £270,000 | £126,712 | £396,712 |
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 | 67.455 % | £182,127 | £452,127 |
| 3 Month Average | 24.341 % | £65,719 | £335,719 |
| 6 Month Average | 41.137 % | £111,069 | £381,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £152,671 | £150,000 | FLAT 60 TEMBANI COURT COLIN ROAD |
| 15 Sep 2023 | £126,619 | £125,000 | FLAT 32 TEMBANI COURT COLIN ROAD |
| 22 Aug 2023 | £494,325 | £490,000 | FLAT 1 REDCLIFFE COURT MARINE DRIVE |
| 17 Mar 2023 | £201,902 | £200,000 | FLAT 81 TEMBANI COURT COLIN ROAD |
| 16 Mar 2023 | £111,046 | £110,000 | FLAT 17 TEMBANI COURT COLIN ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Mar 2015. Using an estimated price of £396,712 means this house is valued at £4,048 per sq meter (£376 per sq foot).
The average size of a house on MARINE DRIVE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Marine Drive | |
| Apr 2024 | Anti-social behaviour | On or near Marine Drive | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marine Drive |
| Feb 2024 | Anti-social behaviour | On or near Marine Drive | |
| Feb 2024 | Anti-social behaviour | On or near Marine Drive |