£358,133
This estimated value is based upon the latest sale price for the house of £350,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £350,000 | 27 Oct 2023 |
| £70,000 | 28 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 743 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 October 2023 the House Price Index for TORBAY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £350,000 results in an estimated price of approximately £358,133.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £350,000 | £8,133 | £358,133 |
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 | 14.624 % | £51,185 | £401,185 |
| 3 Month Average | 6.636 % | £23,225 | £373,225 |
| 6 Month Average | 0.235 % | £822 | £350,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £506,504 | £495,000 | 20 CADEWELL PARK ROAD |
| 27 Oct 2023 | £358,134 | £350,000 | 85 GROSVENOR AVENUE |
| 29 Sep 2023 | £237,230 | £232,000 | 4 HIGHER CADEWELL LANE |
| 21 Sep 2023 | £455,031 | £445,000 | 68 GROSVENOR AVENUE |
| 11 Aug 2023 | £305,510 | £300,000 | 81 GROSVENOR AVENUE |
This house has a floor area of 69 sq meters or 743 sq feet when measured on 24 Nov 2010. Using an estimated price of £358,134 means this house is valued at £5,182 per sq meter (£481 per sq foot).
The average size of a house on GROSVENOR AVENUE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cadewell Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cadewell Lane |
| Aug 2024 | Anti-social behaviour | On or near Cadewell Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cadewell Lane | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Cadewell Lane |