£225,602
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 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £225,000 results in an estimated price of approximately £225,602.
| 6 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £225,000 | £602 | £225,602 |
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 | 27.222 % | £61,249 | £286,249 |
| 3 Month Average | 23.946 % | £53,877 | £278,877 |
| 6 Month Average | 1.312 % | £2,952 | £227,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £297,500 | £297,500 | 4 CEDAR ROAD |
| 6 Jan 2023 | £225,603 | £225,000 | 11 FORTESCUE ROAD |
| 18 Feb 2022 | £163,751 | £155,000 | 330A TORQUAY ROAD |
| 10 Dec 2021 | £250,939 | £232,500 | 10 CEDAR ROAD |
| 27 Sep 2021 | £542,785 | £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 £225,603 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on FORTESCUE ROAD is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Fortescue Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fortescue Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cedar Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cedar Road |