£142,071
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £115,000 | 31 Oct 2019 |
| £41,000 | 24 Mar 1997 |
| Flats/Maisonettes |
| Freehold |
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 October 2019 the House Price Index for TORBAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £115,000 results in an estimated price of approximately £142,071.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £115,000 | £27,071 | £142,071 |
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 | 64.532 % | £74,211 | £189,211 |
| 3 Month Average | 26.362 % | £30,316 | £145,316 |
| 6 Month Average | 18.365 % | £21,120 | £136,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £112,020 | £110,000 | GROUND FLOOR UNIT 331 TORQUAY ROAD |
| 6 Jan 2023 | £225,603 | £225,000 | 11 FORTESCUE ROAD |
| 13 Jul 2022 | £505,061 | £500,000 | 25 HEADLAND PARK ROAD |
| 10 May 2022 | £341,394 | £332,500 | 2 MALDEREK AVENUE |
| 12 Nov 2021 | £107,862 | £99,000 | FLAT 1 4 HEADLAND GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Malderek Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Headland Grove |
| Jun 2024 | Vehicle crime | Under investigation | On or near Headland Grove |