£489,466
This estimated value is based upon the latest sale price for the house of £385,000 on 26 Oct 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Mill Lane
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| Price Paid | Date |
|---|---|
| £385,000 | 26 Oct 2017 |
| £342,000 | 3 Aug 2015 |
| £294,000 | 14 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,318 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 October 2017 the House Price Index for TORBAY was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £385,000 results in an estimated price of approximately £489,466.
| 26 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £385,000 | £104,466 | £489,466 |
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 | -9.939 % | £-38,264 | £346,735 |
| 3 Month Average | 11.234 % | £43,251 | £428,251 |
| 6 Month Average | 21.545 % | £82,948 | £467,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £152,000 | £152,000 | 19 ELIZABETH COURT AVENUE ROAD |
| 28 Mar 2024 | £103,592 | £102,000 | FLAT 3 19 CLEVELAND ROAD |
| 10 Nov 2023 | £153,907 | £150,000 | 4 ELIZABETH COURT AVENUE ROAD |
| 31 Mar 2023 | £452,558 | £445,000 | 12 BRIDGE ROAD |
| 5 Jan 2023 | £162,434 | £162,000 | 23 ELIZABETH COURT AVENUE ROAD |
This house has a floor area of 215 sq meters or 2,318 sq feet when measured on 3 Mar 2011. Using an estimated price of £489,467 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on MILL LANE is 143 sq meters (1,543 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Lane |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jun 2024 | Theft from the person | Under investigation | On or near Petrol Station |