£400,500
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Oct 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £325,000 | 17 Oct 2018 |
| £260,000 | 26 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2018 the House Price Index for TORBAY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £325,000 results in an estimated price of approximately £400,500.
| 17 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £325,000 | £75,500 | £400,500 |
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 | 78.519 % | £255,188 | £580,188 |
| 3 Month Average | 34.832 % | £113,203 | £438,203 |
| 6 Month Average | 20.178 % | £65,578 | £390,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £235,005 | £232,000 | 4 HIGHER CADEWELL LANE |
| 21 Sep 2023 | £450,763 | £445,000 | 68 GROSVENOR AVENUE |
| 11 Aug 2023 | £302,648 | £300,000 | 81 GROSVENOR AVENUE |
| 21 Jul 2023 | £266,081 | £262,500 | 13 HIGHER CADEWELL LANE |
| 18 Mar 2022 | £433,158 | £418,000 | 66 GROSVENOR AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 14 Apr 2016. Using an estimated price of £400,501 means this house is valued at £3,282 per sq meter (£304 per sq foot).
The average size of a house on CADEWELL PARK ROAD is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cadewell Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cadewell Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadewell Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadewell Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadewell Lane |