£342,561
This estimated value is based upon the latest sale price for the house of £278,000 on 11 May 2020. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £278,000 | 11 May 2020 |
| £249,950 | 2 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 May 2020 the House Price Index for TORBAY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £278,000 results in an estimated price of approximately £342,561.
| 11 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £278,000 | £64,561 | £342,561 |
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 | 10.433 % | £29,005 | £307,005 |
| 3 Month Average | 7.092 % | £19,715 | £297,715 |
| 6 Month Average | 19.510 % | £54,237 | £332,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £310,000 | £310,000 | 3 MARLOWE CLOSE |
| 3 Nov 2023 | £287,293 | £280,000 | 1A SUMMERFIELD ROAD |
| 24 Feb 2023 | £442,959 | £440,000 | 4 QUEENSWAY CLOSE |
| 16 Jan 2023 | £320,857 | £320,000 | 2 QUEENSWAY CREST QUEENSWAY |
| 28 Sep 2022 | £419,720 | £420,000 | 1 QUEENSWAY CREST QUEENSWAY |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 24 Sep 2013. Using an estimated price of £342,561 means this house is valued at £1,968 per sq meter (£182 per sq foot).
The average size of a house on QUEENSWAY CLOSE is 206 sq meters (2,222 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queensway Close |
| Oct 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Oct 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shiphay Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heywood Close |