£187,405
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £185,000 | 24 Nov 2023 |
| £107,500 | 20 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 2023 the House Price Index for TORBAY was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £185,000 results in an estimated price of approximately £187,405.
| 24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £185,000 | £2,405 | £187,405 |
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 | -61.042 % | £-112,928 | £72,071 |
| 3 Month Average | -27.306 % | £-50,515 | £134,484 |
| 6 Month Average | -16.456 % | £-30,442 | £154,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £187,406 | £185,000 | 55 VICTORIA ROAD |
| 28 Apr 2023 | £193,941 | £192,500 | 8 ELLACOMBE CHURCH ROAD |
| 14 Feb 2023 | £149,294 | £150,000 | 4 ELLACOMBE CHURCH ROAD |
| 6 Feb 2023 | £248,823 | £250,000 | 60 VICTORIA ROAD |
| 5 Sep 2022 | £242,056 | £245,000 | 31 VICTORIA ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 16 Sep 2016. Using an estimated price of £187,406 means this house is valued at £3,824 per sq meter (£355 per sq foot).
The average size of a house on VICTORIA ROAD is 102 sq meters (1,100 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Victoria Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Mar 2024 | Other theft | Under investigation | On or near Victoria Road |