£299,604
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Jul 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 13 Jul 2016 |
| £205,000 | 19 Dec 2014 |
| £75,500 | 19 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 792 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 2016 the House Price Index for TORBAY was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £225,000 results in an estimated price of approximately £299,604.
| 13 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £225,000 | £74,604 | £299,604 |
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 | 101.032 % | £227,322 | £452,322 |
| 3 Month Average | 40.742 % | £91,669 | £316,669 |
| 6 Month Average | 32.291 % | £72,655 | £297,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £197,500 | £197,500 | 30 ORKNEY CLOSE |
| 22 Sep 2023 | £232,979 | £230,000 | 16 SKYE CLOSE |
| 23 Feb 2023 | £222,350 | £222,500 | 27 ORKNEY CLOSE |
| 25 Mar 2022 | £310,879 | £300,000 | 5 ORKNEY CLOSE |
| 14 Dec 2021 | £321,413 | £300,000 | 2 SKYE CLOSE |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 18 Mar 2011. Using an estimated price of £299,605 means this house is valued at £4,070 per sq meter (£378 per sq foot).
The average size of a house on ORKNEY CLOSE is 74 sq meters (803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orkney Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orkney Close |
| Feb 2024 | Drugs | Under investigation | On or near Orkney Close |
| Dec 2023 | Anti-social behaviour | On or near Fair Isle Close | |
| Dec 2023 | Anti-social behaviour | On or near Fair Isle Close |