£353,017
This estimated value is based upon the latest sale price for the house of £345,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £345,000 | 27 Oct 2023 |
| £260,000 | 18 Oct 2018 |
| £153,000 | 22 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2023 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 £345,000 results in an estimated price of approximately £353,017.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £345,000 | £8,017 | £353,017 |
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 | -17.562 % | £-60,588 | £284,411 |
| 3 Month Average | 0.203 % | £701 | £345,701 |
| 6 Month Average | 2.219 % | £7,655 | £352,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £353,018 | £345,000 | 42 PADACRE ROAD |
| 1 Sep 2023 | £368,115 | £360,000 | 5 PADACRE ROAD |
| 8 Jun 2023 | £325,830 | £319,300 | 13 PEASLAND ROAD |
| 28 Apr 2023 | £529,912 | £520,000 | 6 MERRIVALE CLOSE |
| 3 Mar 2023 | £335,605 | £330,000 | 23 PADACRE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Jul 2018. Using an estimated price of £353,018 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on PADACRE ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bove Park Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Bove Park Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merrivale Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Merrivale Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swale Close |