£306,552
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Jun 2022. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £300,000 | 23 Jun 2022 |
| £87,000 | 7 Jun 2001 |
| £43,500 | 11 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2022 the House Price Index for TORBAY was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £300,000 results in an estimated price of approximately £306,552.
| 23 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £300,000 | £6,552 | £306,552 |
The Postcode Pricing Model uses changes in average sales price within the TQ4 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 | -16.729 % | £-50,186 | £249,813 |
| 3 Month Average | -7.428 % | £-22,284 | £277,715 |
| 6 Month Average | -6.292 % | £-18,875 | £281,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £180,000 | £180,000 | 14 LONGSTONE ROAD |
| 27 Oct 2023 | £230,229 | £225,000 | 5 LONGSTONE ROAD |
| 27 Oct 2023 | £327,437 | £320,000 | 43 BOROUGH PARK ROAD |
| 16 Aug 2023 | £237,280 | £233,000 | 82 LONGSTONE ROAD |
| 14 Mar 2023 | £691,549 | £680,000 | 338 TOTNES ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Nov 2014. Using an estimated price of £306,553 means this house is valued at £3,693 per sq meter (£343 per sq foot).
The average size of a house on TOTNES ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Drake'S Road |
| Sep 2024 | Drugs | Local resolution | On or near Drake'S Road |
| Sep 2024 | Anti-social behaviour | On or near Drake'S Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Drake'S Road |
| Jun 2024 | Anti-social behaviour | On or near Drake'S Road |