£532,846
This estimated value is based upon the latest sale price for the house of £440,000 on 19 Jun 2020. 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 Higher Cadewell Lane
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| Price Paid | Date |
|---|---|
| £440,000 | 19 Jun 2020 |
| £327,500 | 22 Feb 2008 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 June 2020 the House Price Index for TORBAY was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £440,000 results in an estimated price of approximately £532,846.
| 19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £440,000 | £92,846 | £532,846 |
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 | -17.984 % | £-79,129 | £360,870 |
| 3 Month Average | 26.713 % | £117,535 | £557,535 |
| 6 Month Average | 27.973 % | £123,079 | £563,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £218,947 | £216,000 | 25 LARCH WALK |
| 17 Nov 2022 | £355,692 | £360,000 | 26 GROSVENOR AVENUE |
| 25 Aug 2022 | £289,172 | £289,950 | 14 GROSVENOR CLOSE |
| 22 Jul 2022 | £225,607 | £225,000 | 1 CROSSPARK COTTAGES COLLATON ROAD |
| 7 Jan 2022 | £389,391 | £370,000 | 16 GROSVENOR CLOSE |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 12 Jun 2019. Using an estimated price of £532,847 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on HIGHER CADEWELL LANE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Higher Cadewell Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Crosspark Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Edginswell Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edginswell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallace Avenue |