£761,609
This estimated value is based upon the latest sale price for the house of £445,000 on 23 Dec 2010. 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 Monterey Close
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| Price Paid | Date |
|---|---|
| £445,000 | 23 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,822 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 2010 the House Price Index for TORBAY was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £445,000 results in an estimated price of approximately £761,609.
| 23 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £445,000 | £316,609 | £761,609 |
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 | -8.055 % | £-35,845 | £409,154 |
| 3 Month Average | 39.697 % | £176,653 | £621,653 |
| 6 Month Average | 42.290 % | £188,191 | £633,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £595,000 | £595,000 | BLUE MIST RAWLYN ROAD |
| 7 Mar 2023 | £797,514 | £790,000 | WHITE GABLES SEAWAY LANE |
| 21 Oct 2022 | £742,011 | £750,000 | CHELSTON ACRES CHELSTON HOUSE CHELSTON ROAD |
| 27 Jun 2022 | £710,034 | £700,000 | 13 MONTEREY CLOSE |
| 22 Dec 2021 | £52,069 | £48,600 | FLAT 1 WATER MEADOWS COCKINGTON LANE |
This house has a floor area of 169 sq meters or 1,822 sq feet when measured on 13 Sep 2010. Using an estimated price of £761,609 means this house is valued at £4,498 per sq meter (£417 per sq foot).
The average size of a house on OLD MILL ROAD is 129 sq meters (1,397 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Monterey Close |
| Jan 2024 | Burglary | Under investigation | On or near Monterey Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chelston Road |
| Apr 2024 | Burglary | Under investigation | On or near Hennapyn Road |
| Apr 2024 | Anti-social behaviour | On or near Hennapyn Road |