£361,975
This estimated value is based upon the latest sale price for the house of £285,000 on 23 Aug 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Velland Avenue
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| Price Paid | Date |
|---|---|
| £285,000 | 23 Aug 2017 |
| £190,000 | 13 Nov 2009 |
| £60,000 | 15 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 777 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 August 2017 the House Price Index for TORBAY was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £285,000 results in an estimated price of approximately £361,975.
| 23 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £285,000 | £76,975 | £361,975 |
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 | 61.092 % | £174,111 | £459,111 |
| 3 Month Average | 31.709 % | £90,370 | £375,370 |
| 6 Month Average | 22.162 % | £63,161 | £348,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £273,042 | £269,000 | 1 SUTTON CLOSE |
| 30 Nov 2023 | £117,105 | £115,371 | 11 SUTTON CLOSE |
| 3 Nov 2023 | £243,607 | £240,000 | 42 VELLAND AVENUE |
| 11 Aug 2023 | £479,192 | £475,000 | 17 ROCOMBE CLOSE |
| 24 Jul 2023 | £228,070 | £225,000 | 27 SUTTON CLOSE |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 24 Apr 2009. Using an estimated price of £361,975 means this house is valued at £5,010 per sq meter (£465 per sq foot).
The average size of a house on ROCOMBE CLOSE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Velland Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Velland Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Velland Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Velland Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swedwell Road |