£128,928
This estimated value is based upon the latest sale price for the house of £126,000 on 24 Oct 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £126,000 | 24 Oct 2023 |
| £89,000 | 14 Jun 2013 |
| £84,950 | 20 Dec 2010 |
| £38,500 | 6 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 508 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 2023 the House Price Index for TORBAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £126,000 results in an estimated price of approximately £128,928.
| 24 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £126,000 | £2,928 | £128,928 |
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 | 14.624 % | £18,426 | £144,426 |
| 3 Month Average | 6.636 % | £8,361 | £134,361 |
| 6 Month Average | 0.235 % | £296 | £126,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £180,000 | £180,000 | 41 MOOR LANE CLOSE |
| 2 Apr 2024 | £332,891 | £330,000 | 116 FORE STREET |
| 19 Dec 2023 | £139,280 | £135,000 | 35 WESLEY CLOSE |
| 24 Oct 2023 | £128,928 | £126,000 | 25 WESLEY CLOSE |
| 10 Mar 2023 | £159,666 | £157,000 | 21 WESLEY CLOSE |
This house has a floor area of 47 sq meters or 508 sq feet when measured on 20 Apr 2009. Using an estimated price of £128,928 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on WESLEY CLOSE is 51 sq meters (555 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Wesley Close | |
| Aug 2024 | Anti-social behaviour | On or near Wesley Close | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near St Augustines Close |
| Sep 2024 | Anti-social behaviour | On or near Sussex Close | |
| Sep 2024 | Anti-social behaviour | On or near Sussex Close |