£449,776
This estimated value is based upon the latest sale price for the house of £365,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £365,000 | 20 Nov 2018 |
| £172,000 | 21 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 November 2018 the House Price Index for TORBAY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £365,000 results in an estimated price of approximately £449,776.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £365,000 | £84,776 | £449,776 |
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 | -26.823 % | £-97,905 | £267,094 |
| 3 Month Average | 26.199 % | £95,625 | £460,625 |
| 6 Month Average | 25.491 % | £93,041 | £458,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £297,806 | £295,000 | 9 ELM TREE CLOSE |
| 14 Nov 2022 | £83,983 | £85,000 | 15 CENTENARY WAY |
| 26 May 2022 | £321,049 | £315,000 | 4 PLANTATION WAY |
| 20 Jan 2022 | £336,771 | £320,000 | 6 PLANTATION WAY |
| 18 Dec 2019 | £89,554 | £73,000 | 38 PLANTATION WAY |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 2 Oct 2018. Using an estimated price of £449,777 means this house is valued at £3,259 per sq meter (£302 per sq foot).
The average size of a house on PLANTATION WAY is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Tree Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Tree Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tricorn Close |