£63,313
This estimated value is based upon the latest sale price for the house of £51,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £51,000 | 26 Oct 2018 |
| £48,000 | 13 Apr 2015 |
| £40,000 | 31 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 426 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 £51,000 results in an estimated price of approximately £63,313.
| 26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £51,000 | £12,313 | £63,313 |
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 | 10.002 % | £5,101 | £56,101 |
| 3 Month Average | 5.263 % | £2,684 | £53,684 |
| 6 Month Average | 7.594 % | £3,873 | £54,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £40,000 | £40,000 | GROUND FLOOR SHOP UNIT 1, 31 MARKET STREET |
| 3 Nov 2023 | £48,737 | £47,500 | 53 STRATHEDEN COURT MARKET STREET |
| 29 Mar 2023 | £167,802 | £165,000 | 18 ELLACOMBE ROAD |
| 24 Feb 2023 | £157,552 | £156,500 | 6 HILLDROP TERRACE |
| 21 Mar 2022 | £73,597 | £70,500 | 2 STRATHEDEN COURT MARKET STREET |
This house has a floor area of 39 sq meters or 426 sq feet when measured on 4 May 2010. Using an estimated price of £63,313 means this house is valued at £1,599 per sq meter (£148 per sq foot).
The average size of a house on MARKET STREET is 42 sq meters (456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briary Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briary Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briary Lane |
| Jun 2024 | Anti-social behaviour | On or near Briary Lane | |
| Jun 2024 | Anti-social behaviour | On or near Briary Lane |