£117,265
This estimated value is based upon the latest sale price for the house of £63,500 on 4 Aug 2005. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £63,500 | 4 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 653 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 August 2005 the House Price Index for TORBAY was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £63,500 results in an estimated price of approximately £117,265.
| 4 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £63,500 | £53,765 | £117,265 |
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 | 29.510 % | £18,738 | £82,238 |
| 3 Month Average | 38.618 % | £24,522 | £88,022 |
| 6 Month Average | 48.441 % | £30,759 | £94,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £50,000 | £50,000 | 116 HELE ROAD |
| 28 Apr 2023 | £107,001 | £105,000 | FLAT 1 ORCHARD MEWS ORCHARD ROAD |
| 1 Jun 2022 | £149,189 | £146,000 | 17 ORCHARD ROAD |
| 14 Apr 2022 | £134,865 | £130,000 | 2 ORCHARD ROAD |
| 28 Mar 2022 | £187,908 | £180,000 | 6 TINTAGEL CLOSE |
This house has a floor area of 60 sq meters or 653 sq feet when measured on 6 Feb 2010. Using an estimated price of £117,265 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on HELE ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near B3199 | |
| Sep 2024 | Anti-social behaviour | On or near B3199 | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Road |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Orchard Road |
| Aug 2024 | Anti-social behaviour | On or near Orchard Road |