£253,549
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Feb 2022 |
| Freehold |
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 February 2022 the House Price Index for TORBAY was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £240,000 results in an estimated price of approximately £253,549.
| 4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £240,000 | £13,549 | £253,549 |
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 | -12.984 % | £-31,161 | £208,838 |
| 3 Month Average | -4.648 % | £-11,154 | £228,845 |
| 6 Month Average | -8.779 % | £-21,069 | £218,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £1,020,915 | £995,000 | VANE TOWER VANE HILL ROAD |
| 11 Sep 2023 | £455,031 | £445,000 | 57A MEADFOOT LANE |
| 17 Feb 2023 | £541,115 | £537,500 | 39 MEADFOOT LANE |
| 29 Nov 2022 | £447,906 | £450,000 | FLAT 7 VANE CLIFF, 7 VANE HILL ROAD |
| 8 Sep 2022 | £84,943 | £85,000 | 20A PARKHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Hill |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Vanehill Road |
| Apr 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Vanehill Road |