£238,042
This estimated value is based upon the latest sale price for the house of £232,000 on 9 Nov 2023. This value is then adjusted by the current Official House Price Index for TORBAY 1
There has been one burglary within the last year on or near Torquay Road
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Price Paid | Date |
---|---|
£232,000 | 9 Nov 2023 |
£220,000 | 22 Aug 2019 |
£179,950 | 29 Sep 2017 |
£155,000 | 19 Jul 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 £232,000 results in an estimated price of approximately £238,042.
9 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £232,000 | £6,042 | £238,042 |
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 | -9.663 % | £-22,418 | £209,581 |
3 Month Average | 5.031 % | £11,671 | £243,671 |
6 Month Average | 0.433 % | £1,005 | £233,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £95,000 | £95,000 | FLAT 8 PEGASUS COURT TORQUAY ROAD |
26 Apr 2024 | £80,701 | £80,000 | FLAT 2 PEGASUS COURT TORQUAY ROAD |
1 Dec 2023 | £128,963 | £125,000 | 235 TORQUAY ROAD |
9 Nov 2023 | £238,042 | £232,000 | FLAT 24 PEGASUS COURT TORQUAY ROAD |
20 Oct 2023 | £107,440 | £105,000 | FLAT 53 PEGASUS COURT TORQUAY ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Jul 2013. Using an estimated price of £238,042 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on TORQUAY ROAD is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Torquay Road |
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Torquay Road |
Sep 2024 | Other crime | Unable to prosecute suspect | On or near Torquay Road |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kings Road |
Oct 2024 | Other theft | Under investigation | On or near Kings Road |