£361,225
This estimated value is based upon the latest sale price for the house of £239,995 on 17 Sep 2014. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £239,995 | 17 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2014 the House Price Index for TORBAY was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £239,995 results in an estimated price of approximately £361,225.
| 17 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £239,995 | £121,230 | £361,225 |
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 | 47.834 % | £114,800 | £354,795 |
| 3 Month Average | 30.012 % | £72,026 | £312,021 |
| 6 Month Average | 51.893 % | £124,539 | £364,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £160,814 | £158,000 | FLAT 2 LAURA COURT, 24 LAURA GROVE |
| 14 Jul 2023 | £99,337 | £98,000 | 7 RICHMOND COURT OLDWAY ROAD |
| 14 Jul 2023 | £96,296 | £95,000 | 31 RICHMOND COURT OLDWAY ROAD |
| 17 Apr 2023 | £161,691 | £159,950 | 52A OLDWAY ROAD |
| 17 Feb 2023 | £91,938 | £92,000 | 21 RICHMOND COURT OLDWAY ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 23 May 2014. Using an estimated price of £361,226 means this house is valued at £2,889 per sq meter (£268 per sq foot).
The average size of a house on LAURA GROVE is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laura Avenue |
| Dec 2023 | Anti-social behaviour | On or near Oldway Road | |
| Dec 2023 | Anti-social behaviour | On or near Oldway Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westhill Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Barcombe Lane |