£164,523
This estimated value is based upon the latest sale price for the house of £48,000 on 8 May 2001. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£48,000 | 8 May 2001 |
Terraced |
Freehold |
Floor Area: 213 sq meters or 2,292 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 May 2001 the House Price Index for TORBAY was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £48,000 results in an estimated price of approximately £164,523.
8 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £48,000 | £116,523 | £164,523 |
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 | 311.243 % | £149,396 | £197,396 |
3 Month Average | 219.470 % | £105,345 | £153,345 |
6 Month Average | 215.645 % | £103,509 | £151,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £197,930 | £195,000 | FLAT 26 KINGSDALE COURT ST LUKES ROAD NORTH |
14 Jul 2023 | £608,186 | £600,000 | 59 ROCK ROAD |
3 Apr 2023 | £156,687 | £155,000 | 57A ROCK ROAD |
14 Nov 2022 | £193,654 | £196,000 | FLAT 28 KINGSDALE COURT ST LUKES ROAD NORTH |
23 Jun 2022 | £304,300 | £300,000 | 13 FLEET STREET |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 13 Jun 2017. Using an estimated price of £164,524 means this house is valued at £772 per sq meter (£71 per sq foot).
The average size of a house on ROCK ROAD is 73 sq meters (791 sq feet).
This house is the largest in the street with a floor area of 213 sq meters (2,292 sq feet).