£426,644
This estimated value is based upon the latest sale price for the house of £285,000 on 6 Jan 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £285,000 | 6 Jan 2015 |
| £89,950 | 22 Dec 1997 |
| £37,000 | 8 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 January 2015 the House Price Index for TORBAY was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £285,000 results in an estimated price of approximately £426,644.
| 6 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £285,000 | £141,644 | £426,644 |
The Postcode Pricing Model uses changes in average sales price within the TQ3 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 | 59.020 % | £168,207 | £453,207 |
| 3 Month Average | 39.298 % | £111,999 | £396,999 |
| 6 Month Average | 29.178 % | £83,156 | £368,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £297,500 | £297,500 | 4 CEDAR ROAD |
| 6 Jan 2023 | £225,603 | £225,000 | 11 FORTESCUE ROAD |
| 18 Feb 2022 | £163,751 | £155,000 | 330A TORQUAY ROAD |
| 10 Dec 2021 | £250,939 | £232,500 | 10 CEDAR ROAD |
| 27 Sep 2021 | £542,785 | £500,000 | 7 FORTESCUE ROAD |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 23 Jan 2015. Using an estimated price of £426,645 means this house is valued at £2,318 per sq meter (£215 per sq foot).
The average size of a house on FORTESCUE ROAD is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Further investigation is not in the public interest | On or near Cedar Road |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Locarno Avenue |
| Jul 2024 | Other crime | Under investigation | On or near St Paul'S Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Paul'S Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaway Gardens |