£149,808
This estimated value is based upon the latest sale price for the house of £138,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £138,000 | 3 Sep 2021 |
| £76,500 | 18 Jul 2003 |
| £33,000 | 21 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 September 2021 the House Price Index for TORBAY was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £138,000 results in an estimated price of approximately £149,808.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £138,000 | £11,808 | £149,808 |
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 | -21.340 % | £-29,448 | £108,551 |
| 3 Month Average | -6.817 % | £-9,407 | £128,592 |
| 6 Month Average | -17.625 % | £-24,323 | £113,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £161,402 | £160,000 | FLAT 11 CUMBERNAULD HIGHER ERITH ROAD |
| 27 Oct 2023 | £153,486 | £150,000 | FLAT 7 CUMBERNAULD HIGHER ERITH ROAD |
| 4 Sep 2023 | £726,004 | £710,000 | GREEN LEA LOWER ERITH ROAD |
| 20 Mar 2023 | £152,548 | £150,000 | FLAT 2 CUMBERNAULD HIGHER ERITH ROAD |
| 22 Jul 2022 | £90,911 | £90,000 | FLAT 3 MOUNT VERNON HIGHER ERITH ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Feb 2013. Using an estimated price of £149,809 means this house is valued at £2,628 per sq meter (£244 per sq foot).
The average size of a house on LOWER ERITH ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Higher Erith Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Higher Erith Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Higher Erith Road |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Higher Erith Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Higher Erith Road |