£250,572
This estimated value is based upon the latest sale price for the house of £145,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Wellesley Road
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| Price Paid | Date |
|---|---|
| £145,000 | 14 Jan 2011 |
| £106,000 | 16 Oct 2009 |
| £110,000 | 28 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,309 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 January 2011 the House Price Index for TORBAY was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £145,000 results in an estimated price of approximately £250,572.
| 14 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £145,000 | £105,572 | £250,572 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | 47.479 % | £68,844 | £213,844 |
| 3 Month Average | 33.115 % | £48,016 | £193,016 |
| 6 Month Average | 23.545 % | £34,140 | £179,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £201,182 | £195,000 | 5 WATERLOO ROAD |
| 12 Sep 2023 | £314,943 | £308,000 | 38 CHATSWORTH ROAD |
| 25 Aug 2023 | £127,296 | £125,000 | 22 BERACHAH ROAD |
| 21 Aug 2023 | £190,944 | £187,500 | 2 WELLINGTON PLACE |
| 1 Aug 2023 | £162,939 | £160,000 | 2 WATERLOO ROAD |
This house has a floor area of 121 sq meters or 1,309 sq feet when measured on 27 May 2010. Using an estimated price of £250,572 means this house is valued at £2,058 per sq meter (£191 per sq foot).
The average size of a house on WELLESLEY ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Wellesley Road |
| Sep 2024 | Vehicle crime | Formal action is not in the public interest | On or near Wellesley Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellington Place |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellington Place |