£301,758
This estimated value is based upon the latest sale price for the house of £243,500 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £243,500 | 20 Jul 2018 |
| £220,000 | 8 Apr 2016 |
| £114,000 | 30 Mar 2001 |
| £83,950 | 3 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2018 the House Price Index for TORBAY was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £243,500 results in an estimated price of approximately £301,758.
| 20 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £243,500 | £58,258 | £301,758 |
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 | 96.647 % | £235,334 | £478,834 |
| 3 Month Average | 28.274 % | £68,847 | £312,347 |
| 6 Month Average | 20.341 % | £49,529 | £293,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £255,000 | £255,000 | 16 OSPREY DRIVE |
| 11 Sep 2023 | £229,940 | £227,000 | 34 OSPREY DRIVE |
| 1 Aug 2022 | £255,063 | £255,750 | 49 SHEARWATER DRIVE |
| 22 Jul 2022 | £259,148 | £258,450 | 23 OSPREY DRIVE |
| 21 Dec 2021 | £283,915 | £265,000 | 31 SHEARWATER DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Nov 2015. Using an estimated price of £301,759 means this house is valued at £4,077 per sq meter (£378 per sq foot).
The average size of a house on SHEARWATER DRIVE is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shearwater Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Osprey Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cormorant Close |
| Dec 2023 | Anti-social behaviour | On or near Cormorant Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cormorant Close |