£490,473
This estimated value is based upon the latest sale price for the house of £99,000 on 23 Oct 1997. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £99,000 | 23 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 1997 the House Price Index for TORBAY was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £99,000 results in an estimated price of approximately £490,473.
| 23 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £99,000 | £391,473 | £490,473 |
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 | 193.551 % | £191,615 | £290,615 |
| 3 Month Average | 303.274 % | £300,241 | £399,241 |
| 6 Month Average | 324.016 % | £320,776 | £419,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £437,937 | £440,000 | 34 SHIPHAY PARK ROAD |
| 15 Jul 2022 | £376,012 | £375,000 | 50 SHIPHAY PARK ROAD |
| 20 May 2022 | £392,394 | £385,000 | 2 SHIPHAY PARK ROAD |
| 11 Apr 2022 | £432,516 | £420,000 | REDSTONE LODGE, 3 SHIPHAY LANE |
| 24 Nov 2021 | £378,530 | £350,000 | 8 SUMMERFIELD ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 31 Oct 2017. Using an estimated price of £490,473 means this house is valued at £4,458 per sq meter (£414 per sq foot).
The average size of a house on SHIPHAY LANE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlowe Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Shiphay Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shiphay Park Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Queensway Crescent |