£128,912
This estimated value is based upon the latest sale price for the house of £75,000 on 18 Apr 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £75,000 | 18 Apr 2012 |
| £67,500 | 15 Jan 2003 |
| £36,500 | 12 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 444 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 2012 the House Price Index for TORBAY was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £75,000 results in an estimated price of approximately £128,912.
| 18 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £75,000 | £53,912 | £128,912 |
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 | 76.592 % | £57,443 | £132,443 |
| 3 Month Average | 58.794 % | £44,095 | £119,095 |
| 6 Month Average | 43.771 % | £32,828 | £107,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £83,280 | £82,000 | 32 RICHMOND COURT OLDWAY ROAD |
| 30 Nov 2023 | £374,506 | £365,000 | 51 HIGHER POLSHAM ROAD |
| 27 Oct 2023 | £138,137 | £135,000 | 44 HIGHER POLSHAM ROAD |
| 20 Oct 2023 | £122,789 | £120,000 | 23 RICHMOND COURT OLDWAY ROAD |
| 14 Jun 2023 | £255,112 | £250,000 | 2 KINGSHURST DRIVE |
This house has a floor area of 41 sq meters or 444 sq feet when measured on 9 Nov 2010. Using an estimated price of £128,912 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on OLDWAY ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oldway Road |
| May 2024 | Anti-social behaviour | On or near Oldway Road | |
| May 2024 | Anti-social behaviour | On or near Oldway Road | |
| May 2024 | Anti-social behaviour | On or near Oldway Road | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Oldway Road |