£430,971
This estimated value is based upon the latest sale price for the house of £232,500 on 1 Jun 2009. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £232,500 | 1 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 June 2009 the House Price Index for TORBAY was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £232,500 results in an estimated price of approximately £430,971.
| 1 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £232,500 | £198,471 | £430,971 |
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 | 21.477 % | £49,934 | £282,434 |
| 3 Month Average | 38.067 % | £88,505 | £321,005 |
| 6 Month Average | 51.650 % | £120,086 | £352,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £441,179 | £440,000 | 34 SHIPHAY PARK ROAD |
| 15 Jul 2022 | £378,796 | £375,000 | 50 SHIPHAY PARK ROAD |
| 20 May 2022 | £395,298 | £385,000 | 2 SHIPHAY PARK ROAD |
| 11 Apr 2022 | £435,717 | £420,000 | REDSTONE LODGE, 3 SHIPHAY LANE |
| 5 Nov 2021 | £392,227 | £360,000 | 34 SHIPHAY LANE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 6 Oct 2014. Using an estimated price of £430,971 means this house is valued at £3,393 per sq meter (£315 per sq foot).
The average size of a house on SHIPHAY PARK ROAD is 130 sq meters (1,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shiphay Park Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shiphay Lane |