£145,125
This estimated value is based upon the latest sale price for the house of £118,000 on 6 Sep 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £118,000 | 6 Sep 2018 |
| £90,000 | 15 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2018 the House Price Index for TORBAY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £118,000 results in an estimated price of approximately £145,125.
| 6 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £118,000 | £27,125 | £145,125 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | 11.948 % | £14,098 | £132,098 |
| 3 Month Average | -11.247 % | £-13,271 | £104,728 |
| 6 Month Average | 10.317 % | £12,174 | £130,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £60,573 | £60,000 | 33A UPTON HILL |
| 16 Sep 2022 | £217,356 | £220,000 | 20 ST JAMES ROAD |
| 19 Aug 2022 | £76,980 | £77,500 | 147 LYMINGTON ROAD |
| 1 Oct 2021 | £181,832 | £165,000 | 1 UPTON HILL |
| 29 Sep 2021 | £209,282 | £195,000 | 19 LOWER THURLOW ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Nov 2016. Using an estimated price of £145,126 means this house is valued at £1,935 per sq meter (£179 per sq foot).
The average size of a house on UPTON HILL is 89 sq meters (963 sq feet).