£90,662
This estimated value is based upon the latest sale price for the house of £22,500 on 6 Dec 1999. This value is then adjusted by the current Official House Price Index for TORBAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £22,500 | 6 Dec 1999 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 33 sq meters or 361 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 December 1999 the House Price Index for TORBAY was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £22,500 results in an estimated price of approximately £90,662.
| 6 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £22,500 | £68,162 | £90,662 |
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 | 242.881 % | £54,648 | £77,148 |
| 3 Month Average | 294.032 % | £66,157 | £88,657 |
| 6 Month Average | 274.097 % | £61,671 | £84,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £84,247 | £83,000 | 28 MERRITT FLATS MERRITT ROAD |
| 27 Sep 2023 | £329,209 | £325,000 | 3 NURSERY CLOSE |
| 22 Sep 2023 | £93,192 | £92,000 | 75 MERRITT FLATS TOTNES ROAD |
| 17 Aug 2023 | £221,942 | £220,000 | 23 WILLICOMBE ROAD |
| 29 Jun 2023 | £30,368 | £30,000 | 48 MERRITT FLATS TOTNES ROAD |
This house has a floor area of 33 sq meters or 361 sq feet when measured on 16 Nov 2010. Using an estimated price of £90,662 means this house is valued at £2,698 per sq meter (£250 per sq foot).
The average size of a house on TOTNES ROAD is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nursery Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nursery Close |
| Feb 2024 | Anti-social behaviour | On or near Nursery Close | |
| Feb 2024 | Anti-social behaviour | On or near Nursery Close | |
| Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Nursery Close |