£153,906
This estimated value is based upon the latest sale price for the house of £150,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£150,000 | 10 Nov 2023 |
£120,000 | 18 Sep 2009 |
£132,500 | 2 Jan 2007 |
£68,000 | 25 Apr 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 651 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 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £150,000 results in an estimated price of approximately £153,906.
10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £150,000 | £3,906 | £153,906 |
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 | -35.620 % | £-53,430 | £96,569 |
3 Month Average | -15.336 % | £-23,004 | £126,995 |
6 Month Average | -12.156 % | £-18,234 | £131,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jul 2024 | £152,000 | £152,000 | 19 ELIZABETH COURT AVENUE ROAD |
10 Nov 2023 | £153,907 | £150,000 | 4 ELIZABETH COURT AVENUE ROAD |
25 Sep 2023 | £419,242 | £410,000 | 68 AVENUE ROAD |
21 Apr 2023 | £285,337 | £280,000 | 45 AVENUE ROAD |
23 Feb 2023 | £307,051 | £305,000 | 88 AVENUE ROAD |
This house has a floor area of 60 sq meters or 651 sq feet when measured on 14 May 2009. Using an estimated price of £153,907 means this house is valued at £2,543 per sq meter (£236 per sq foot).
The average size of a house on AVENUE ROAD is 92 sq meters (996 sq feet).