£359,082
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Mar 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 9 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 March 2017 the House Price Index for TORBAY was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £275,000 results in an estimated price of approximately £359,082.
| 9 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £275,000 | £84,082 | £359,082 |
The Postcode Pricing Model uses changes in average sales price within the TQ1 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 | 0.167 % | £459 | £275,459 |
| 3 Month Average | 6.588 % | £18,116 | £293,116 |
| 6 Month Average | 14.462 % | £39,769 | £314,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £1,282,557 | £1,250,000 | EMBEMERE WATCOMBE HEIGHTS ROAD |
| 8 Sep 2023 | £812,920 | £795,000 | ORESTONE COTTAGE ROCK HOUSE LANE |
| 21 Apr 2023 | £428,005 | £420,000 | 4 HEAVISIDE CLOSE |
| 19 Jul 2022 | £1,010,121 | £1,000,000 | WATCOMBE LODGE TEIGNMOUTH ROAD |
| 3 Feb 2022 | £311,655 | £295,000 | 2 ROCK HOUSE ROCK HOUSE LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Feb 2017. Using an estimated price of £359,082 means this house is valued at £3,486 per sq meter (£323 per sq foot).
The average size of a house on TEIGNMOUTH ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Further investigation is not in the public interest | On or near Teignmouth Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Teignmouth Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Teignmouth Road |
| Jun 2024 | Public order | Under investigation | On or near Teignmouth Road |
| Jun 2024 | Anti-social behaviour | On or near Conference/Exhibition Centre |