£457,143
This estimated value is based upon the latest sale price for the house of £370,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £370,000 | 28 Nov 2019 |
| £325,000 | 26 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 £370,000 results in an estimated price of approximately £457,143.
| 28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £370,000 | £87,143 | £457,143 |
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 | 4.047 % | £14,974 | £384,974 |
| 3 Month Average | 0.608 % | £2,248 | £372,248 |
| 6 Month Average | 9.131 % | £33,783 | £403,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £374,506 | £365,000 | 12 MONTSERRAT RISE |
| 22 Sep 2023 | £178,945 | £175,000 | 5 EXPLORER COURT PENGELLY WAY |
| 13 Jun 2022 | £316,771 | £310,000 | 27 PITCAIRN CRESCENT |
| 29 Apr 2022 | £223,046 | £215,000 | 56 LEEWARD LANE |
| 2 Mar 2022 | £272,467 | £261,000 | 10 GRENADINE CLOSE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 20 Feb 2019. Using an estimated price of £457,144 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on MONTSERRAT RISE is 148 sq meters (1,601 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Montserrat Rise |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Montserrat Rise |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grenadine Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grenadine Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grenadine Close |