£223,040
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Jan 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 6 Jan 2023 |
| £183,000 | 4 Nov 2021 |
| £132,500 | 21 Oct 2011 |
| £73,500 | 21 Oct 2002 |
| £29,000 | 2 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 January 2023 the House Price Index for TORBAY was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £225,000 results in an estimated price of approximately £223,040.
| 6 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £225,000 | £-1,959 | £223,040 |
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 | 46.357 % | £104,303 | £329,303 |
| 3 Month Average | 9.025 % | £20,307 | £245,307 |
| 6 Month Average | 6.320 % | £14,220 | £239,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £187,634 | £187,000 | FLAT 5 CARLTON COURT FORTESCUE ROAD |
| 8 Mar 2024 | £152,515 | £152,000 | 4 HEADLAND PARK ROAD |
| 6 Jan 2023 | £223,041 | £225,000 | 11 FORTESCUE ROAD |
| 10 Dec 2021 | £248,089 | £232,500 | 10 CEDAR ROAD |
| 27 Sep 2021 | £536,621 | £500,000 | 7 FORTESCUE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Feb 2020. Using an estimated price of £223,041 means this house is valued at £3,186 per sq meter (£296 per sq foot).
The average size of a house on FORTESCUE ROAD is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Cedar Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cedar Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Cedar Road |
| Jan 2024 | Anti-social behaviour | On or near Cedar Road | |
| Jan 2024 | Anti-social behaviour | On or near Cedar Road |