£401,920
This estimated value is based upon the latest sale price for the house of £325,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £325,000 | 5 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 April 2019 the House Price Index for TORBAY was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £325,000 results in an estimated price of approximately £401,920.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £325,000 | £76,920 | £401,920 |
The Postcode Pricing Model uses changes in average sales price within the TQ2 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 | -27.864 % | £-90,559 | £234,440 |
| 3 Month Average | 18.109 % | £58,852 | £383,852 |
| 6 Month Average | 23.139 % | £75,203 | £400,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £646,952 | £650,000 | 33 SHIPHAY AVENUE |
| 6 Jan 2023 | £671,835 | £675,000 | 15 SHIPHAY AVENUE |
| 15 Jul 2022 | £376,012 | £375,000 | 50 SHIPHAY PARK ROAD |
| 14 Apr 2022 | £437,665 | £425,000 | 36 SHIPHAY AVENUE |
| 28 Jan 2022 | £431,487 | £410,000 | 24 SHIPHAY AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 4 Jul 2018. Using an estimated price of £401,921 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on SHIPHAY AVENUE is 164 sq meters (1,766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Action to be taken by another organisation | On or near Shiphay Manor Drive |
| Jan 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Jan 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Jan 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Shiphay Park Road |