£121,660
This estimated value is based upon the latest sale price for the house of £98,000 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £98,000 | 29 Oct 2018 |
| £87,500 | 28 Feb 2013 |
| £76,000 | 16 Sep 2011 |
| £38,500 | 8 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2018 the House Price Index for TORBAY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £98,000 results in an estimated price of approximately £121,660.
| 29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £98,000 | £23,660 | £121,660 |
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 | 27.904 % | £27,346 | £125,346 |
| 3 Month Average | 23.273 % | £22,807 | £120,807 |
| 6 Month Average | 21.774 % | £21,338 | £119,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2022 | £505,061 | £500,000 | 25 HEADLAND PARK ROAD |
| 10 May 2022 | £341,394 | £332,500 | 2 MALDEREK AVENUE |
| 26 Apr 2022 | £119,304 | £115,000 | FLAT 2 DUNMOIL, 30 PRESTON DOWN ROAD |
| 10 Mar 2022 | £125,272 | £120,000 | FLAT 1 DUNMOIL, 30 PRESTON DOWN ROAD |
| 31 Jan 2022 | £243,846 | £230,000 | 1A PRESTON DOWN ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 31 Aug 2010. Using an estimated price of £121,660 means this house is valued at £3,041 per sq meter (£282 per sq foot).
The average size of a house on PRESTON DOWN ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Malderek Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malderek Avenue |