£205,562
This estimated value is based upon the latest sale price for the house of £165,000 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £165,000 | 25 Apr 2019 |
| £133,000 | 7 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2019 the House Price Index for TORBAY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £165,000 results in an estimated price of approximately £205,562.
| 25 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £165,000 | £40,562 | £205,562 |
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 | 13.229 % | £21,828 | £186,828 |
| 3 Month Average | 18.282 % | £30,165 | £195,165 |
| 6 Month Average | 19.983 % | £32,971 | £197,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £153,907 | £150,000 | 41 SHERWELL LANE |
| 4 Sep 2023 | £245,410 | £240,000 | 29 SHERWELL LANE |
| 14 Apr 2023 | £257,822 | £253,000 | 61 MALLOCK ROAD |
| 15 Feb 2023 | £201,345 | £200,000 | 47 SHERWELL LANE |
| 3 Feb 2023 | £253,695 | £252,000 | 20 SHERWELL PARK ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Oct 2016. Using an estimated price of £205,563 means this house is valued at £2,569 per sq meter (£238 per sq foot).
The average size of a house on THE REEVES ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sherwell Park Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sherwell Park Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwell Park Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sherwell Park Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwell Park Road |