£615,002
This estimated value is based upon the latest sale price for the house of £480,000 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £480,000 | 29 Jun 2017 |
| £365,000 | 7 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 June 2017 the House Price Index for TORBAY was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £480,000 results in an estimated price of approximately £615,002.
| 29 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £480,000 | £135,002 | £615,002 |
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 | 66.849 % | £320,874 | £800,874 |
| 3 Month Average | 28.660 % | £137,569 | £617,569 |
| 6 Month Average | 24.928 % | £119,654 | £599,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £640,000 | £640,000 | 15 THORNE PARK ROAD |
| 27 Nov 2023 | £649,618 | £640,000 | 24 NUT BUSH LANE |
| 29 Sep 2023 | £128,645 | £127,000 | 79 THE REEVES ROAD |
| 17 Apr 2023 | £262,830 | £260,000 | 9 BOUNDARY ROAD |
| 31 Mar 2023 | £222,092 | £220,000 | 36 SHERWELL RISE SOUTH |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 11 Dec 2012. Using an estimated price of £615,003 means this house is valued at £4,842 per sq meter (£449 per sq foot).
The average size of a house on NUT BUSH LANE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorne Park Road |
| Jan 2024 | Anti-social behaviour | On or near Boundary Road | |
| Jan 2024 | Anti-social behaviour | On or near Boundary Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwell Rise South |
| Feb 2024 | Other crime | Action to be taken by another organisation | On or near Sherwell Rise South |