£123,812
This estimated value is based upon the latest sale price for the house of £121,000 on 13 Feb 2024. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £121,000 | 13 Feb 2024 |
| Flats/Maisonettes |
| Leasehold |
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 February 2024 the House Price Index for TORBAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £121,000 results in an estimated price of approximately £123,812.
| 13 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £121,000 | £2,812 | £123,812 |
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 | -19.301 % | £-23,354 | £97,645 |
| 3 Month Average | -4.847 % | £-5,865 | £115,134 |
| 6 Month Average | -2.185 % | £-2,643 | £118,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £112,020 | £110,000 | GROUND FLOOR UNIT 331 TORQUAY ROAD |
| 10 May 2022 | £341,394 | £332,500 | 2 MALDEREK AVENUE |
| 26 Apr 2022 | £119,304 | £115,000 | FLAT 2 DUNMOIL, 30 PRESTON DOWN ROAD |
| 10 Mar 2022 | £125,272 | £120,000 | FLAT 1 DUNMOIL, 30 PRESTON DOWN ROAD |
| 12 Nov 2021 | £107,862 | £99,000 | FLAT 1 4 HEADLAND GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Headland Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fortescue Road |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Fortescue Road |