£320,000
This estimated value is based upon the latest sale price for the house of £259,000 on 11 Nov 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £259,000 | 11 Nov 2019 |
| £65,000 | 12 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2019 the House Price Index for TORBAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £259,000 results in an estimated price of approximately £320,000.
| 11 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £259,000 | £61,000 | £320,000 |
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 | -25.169 % | £-65,187 | £193,812 |
| 3 Month Average | -5.461 % | £-14,144 | £244,855 |
| 6 Month Average | 11.291 % | £29,242 | £288,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £276,275 | £270,000 | 10 SWALE CLOSE |
| 8 Jun 2023 | £325,830 | £319,300 | 13 PEASLAND ROAD |
| 9 Nov 2022 | £472,789 | £475,000 | 72 MOOR LANE |
| 26 Aug 2022 | £359,682 | £358,000 | 21 SWALE CLOSE |
| 3 Apr 2022 | £285,291 | £275,000 | 22 PEASLAND ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Aug 2019. Using an estimated price of £320,001 means this house is valued at £4,507 per sq meter (£418 per sq foot).
The average size of a house on SWALE CLOSE is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swale Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Bove Park Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bove Park Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Moor Lane Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moor Lane Close |