£567,282
This estimated value is based upon the latest sale price for the house of £560,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £560,000 | 24 Nov 2023 |
| £500,000 | 23 Jul 2021 |
| £435,000 | 22 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 November 2023 the House Price Index for TORBAY was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £560,000 results in an estimated price of approximately £567,282.
| 24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £560,000 | £7,282 | £567,282 |
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 | -48.336 % | £-270,684 | £289,315 |
| 3 Month Average | -4.909 % | £-27,489 | £532,510 |
| 6 Month Average | -5.361 % | £-30,020 | £529,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £567,283 | £560,000 | FLAT 1 CORBYN LODGE TORBAY ROAD |
| 21 Oct 2022 | £742,011 | £750,000 | CHELSTON ACRES CHELSTON HOUSE CHELSTON ROAD |
| 9 Sep 2022 | £570,394 | £575,000 | 34 SEAWAY COURT SEAWAY LANE |
| 27 Jun 2022 | £707,167 | £700,000 | 13 MONTEREY CLOSE |
| 25 Mar 2022 | £325,105 | £315,000 | FLAT 2 CORBYN MOUNT UNDERHILL ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 21 Jul 2021. Using an estimated price of £567,283 means this house is valued at £5,788 per sq meter (£537 per sq foot).
The average size of a house on TORBAY ROAD is 145 sq meters (1,566 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Torbay Road |
| Apr 2024 | Anti-social behaviour | On or near Torbay Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Torbay Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Torbay Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Torbay Road |