£176,040
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Jan 2015 |
| £143,000 | 21 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 January 2015 the House Price Index for TORBAY was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £120,000 results in an estimated price of approximately £176,040.
| 16 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £120,000 | £56,040 | £176,040 |
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 | 14.800 % | £17,760 | £137,760 |
| 3 Month Average | 42.248 % | £50,697 | £170,697 |
| 6 Month Average | 39.670 % | £47,604 | £167,604 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 Nov 2015.
The average size of a house on CHERRY GARDENS is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Cherry Gardens |
| Feb 2024 | Drugs | Under investigation | On or near Jubilee Terrace |
| Feb 2024 | Shoplifting | Under investigation | On or near Jubilee Terrace |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Jubilee Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Jubilee Terrace |