£191,699
This estimated value is based upon the latest sale price for the house of £105,000 on 11 May 2005. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£105,000 | 11 May 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2005 the House Price Index for TORBAY was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £105,000 results in an estimated price of approximately £191,699.
11 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 146.7 | 82.571 % | £105,000 | £86,699 | £191,699 |
The Postcode Pricing Model uses changes in average sales price within the TQ5 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 | -15.929 % | £-16,725 | £88,274 |
3 Month Average | 31.750 % | £33,337 | £138,337 |
6 Month Average | 62.557 % | £65,684 | £170,684 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Jun 2016.
The average size of a house on PENN LANE is 92 sq meters (999 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Greenswood Road | |
Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Penn Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Penn Lane |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
Feb 2024 | Anti-social behaviour | On or near Greenswood Close |