£214,033
This estimated value is based upon the latest sale price for the house of £173,250 on 8 Oct 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £173,250 | 8 Oct 2019 |
| £119,000 | 31 Jul 2003 |
| £64,000 | 3 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for TORBAY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £173,250 results in an estimated price of approximately £214,033.
| 8 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £173,250 | £40,783 | £214,033 |
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 | -16.910 % | £-29,296 | £143,953 |
| 3 Month Average | 2.352 % | £4,074 | £177,324 |
| 6 Month Average | 15.217 % | £26,363 | £199,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £224,959 | £220,000 | 67 THE REEVES ROAD |
| 10 Aug 2023 | £280,051 | £275,000 | 86 THE REEVES ROAD |
| 24 Mar 2023 | £233,906 | £230,000 | 82 THE REEVES ROAD |
| 28 Mar 2022 | £253,154 | £242,500 | 35 LEYS ROAD |
| 27 Oct 2021 | £222,934 | £200,000 | 17 THE REEVES ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 2 Apr 2019. Using an estimated price of £214,033 means this house is valued at £2,140 per sq meter (£198 per sq foot).
The average size of a house on THE REEVES ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Further investigation is not in the public interest | On or near The Reeves Road |
| Jun 2024 | Drugs | Formal action is not in the public interest | On or near Leys Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Leys Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Leys Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwell Rise South |