£350,131
This estimated value is based upon the latest sale price for the house of £340,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £340,000 | 7 Apr 2022 |
| £203,000 | 2 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2022 the House Price Index for TORBAY was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £340,000 results in an estimated price of approximately £350,131.
| 7 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £340,000 | £10,131 | £350,131 |
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 | -21.880 % | £-74,392 | £265,607 |
| 3 Month Average | 10.885 % | £37,008 | £377,008 |
| 6 Month Average | 15.470 % | £52,598 | £392,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £238,206 | £235,000 | 2 WESTLEAT AVENUE |
| 5 Aug 2022 | £274,262 | £275,000 | 21 WESTLEAT AVENUE |
| 4 Aug 2022 | £297,200 | £298,000 | 16 CLIFTON CLOSE |
| 14 Apr 2022 | £236,854 | £230,000 | 46 ELM PARK |
| 7 Apr 2022 | £350,132 | £340,000 | 8 WATERLEAT CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 May 2017. Using an estimated price of £350,132 means this house is valued at £5,149 per sq meter (£478 per sq foot).
The average size of a house on WATERLEAT CLOSE is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterleat Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Greenlands Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Greenlands Avenue |
| Feb 2024 | Anti-social behaviour | On or near Greenlands Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Greenlands Avenue |