£454,320
This estimated value is based upon the latest sale price for the house of £360,000 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £360,000 | 18 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2017 the House Price Index for TORBAY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £360,000 results in an estimated price of approximately £454,320.
| 18 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £360,000 | £94,320 | £454,320 |
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 | 8.203 % | £29,529 | £389,529 |
| 3 Month Average | 22.758 % | £81,928 | £441,928 |
| 6 Month Average | 21.954 % | £79,033 | £439,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £99,473 | £98,000 | FLAT 2 2 SOUTHFIELD RISE |
| 12 Jul 2023 | £286,354 | £282,500 | 32 OLDWAY OAKS SOUTHFIELD ROAD |
| 7 Feb 2023 | £299,798 | £300,000 | 13 OLDWAY OAKS SOUTHFIELD ROAD |
| 18 Nov 2022 | £286,529 | £290,000 | 35 OLDWAY OAKS SOUTHFIELD ROAD |
| 9 Nov 2022 | £187,726 | £190,000 | 2 OLDWAY OAKS SOUTHFIELD ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 11 Apr 2017. Using an estimated price of £454,320 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on SHORTON ROAD is 159 sq meters (1,718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Southfield Rise |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southfield Rise |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Southfield Rise |
| Dec 2023 | Drugs | Under investigation | On or near Southfield Rise |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodland Mews |