£300,381
This estimated value is based upon the latest sale price for the house of £243,000 on 14 May 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £243,000 | 14 May 2019 |
| £175,000 | 21 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 May 2019 the House Price Index for TORBAY was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £243,000 results in an estimated price of approximately £300,381.
| 14 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £243,000 | £57,381 | £300,381 |
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 | 41.355 % | £100,492 | £343,492 |
| 3 Month Average | 22.376 % | £54,374 | £297,374 |
| 6 Month Average | 20.775 % | £50,482 | £293,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £364,663 | £360,000 | 5 PADACRE ROAD |
| 8 Jun 2023 | £323,215 | £319,300 | 13 PEASLAND ROAD |
| 28 Apr 2023 | £525,660 | £520,000 | 6 MERRIVALE CLOSE |
| 3 Mar 2023 | £333,139 | £330,000 | 23 PADACRE ROAD |
| 29 Sep 2022 | £327,356 | £330,000 | 51 PEASLAND ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Jul 2012. Using an estimated price of £300,381 means this house is valued at £2,916 per sq meter (£270 per sq foot).
The average size of a house on PADACRE ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Padacre Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bove Park Road |
| Dec 2023 | Shoplifting | Further investigation is not in the public interest | On or near Helens Mead Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Braeside Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swedwell Road |