£314,903
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Jul 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £185,000 | 24 Jul 2012 |
| £169,995 | 4 Sep 2009 |
| £83,000 | 3 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 July 2012 the House Price Index for TORBAY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £185,000 results in an estimated price of approximately £314,903.
| 24 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £185,000 | £129,903 | £314,903 |
The Postcode Pricing Model uses changes in average sales price within the TQ5 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 | -23.212 % | £-42,941 | £142,058 |
| 3 Month Average | 31.180 % | £57,683 | £242,683 |
| 6 Month Average | 63.012 % | £116,571 | £301,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £329,434 | £325,000 | 16 PINE CLOSE |
| 31 Jan 2023 | £233,898 | £235,000 | 13 WESTFIELD CLOSE |
| 2 Sep 2022 | £354,636 | £357,500 | 21 PINE CLOSE |
| 27 Jun 2022 | £390,519 | £385,000 | 45 SUMMER LANE |
| 24 Jun 2022 | £336,759 | £332,000 | 4 CHESTNUT DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 May 2012. Using an estimated price of £314,903 means this house is valued at £4,920 per sq meter (£457 per sq foot).
The average size of a house on LAYWELL CLOSE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Laywell Close |
| Dec 2023 | Anti-social behaviour | On or near Laywell Close | |
| Dec 2023 | Anti-social behaviour | On or near Laywell Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pine Close |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Westfield Close |