£146,354
This estimated value is based upon the latest sale price for the house of £85,000 on 19 Mar 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£85,000 | 19 Mar 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 380 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 2012 the House Price Index for TORBAY was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £85,000 results in an estimated price of approximately £146,354.
19 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £85,000 | £61,354 | £146,354 |
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 | 23.540 % | £20,009 | £105,009 |
3 Month Average | 27.811 % | £23,639 | £108,639 |
6 Month Average | 29.903 % | £25,417 | £110,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £214,594 | £208,000 | FLAT 2 COMPTON HOUSE PALERMO ROAD |
27 Jan 2023 | £260,697 | £260,000 | FLAT 4 BURNHAM HOUSE YORK ROAD |
31 Oct 2022 | £5,980 | £6,000 | COMPTON HOUSE PALERMO ROAD |
7 Oct 2022 | £224,251 | £225,000 | APARTMENT 12A IMPERIAL COURT PALERMO ROAD |
21 Jul 2022 | £202,024 | £200,000 | FLAT 4 COMPTON HOUSE PALERMO ROAD |
This house has a floor area of 35 sq meters or 380 sq feet when measured on 16 Mar 2011. Using an estimated price of £146,354 means this house is valued at £4,144 per sq meter (£385 per sq foot).
The average size of a house on PALERMO ROAD is 70 sq meters (762 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Palermo Road | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Palermo Road |
Jun 2024 | Other theft | Under investigation | On or near Palermo Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Palermo Road |
Jun 2024 | Vehicle crime | Under investigation | On or near Palermo Road |