£362,575
This estimated value is based upon the latest sale price for the house of £325,000 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £325,000 | 6 Aug 2021 |
| £157,000 | 13 Feb 2004 |
| £79,500 | 14 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2021 the House Price Index for TORBAY was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £325,000 results in an estimated price of approximately £362,575.
| 6 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £325,000 | £37,575 | £362,575 |
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 | 15.904 % | £51,689 | £376,689 |
| 3 Month Average | -1.729 % | £-5,620 | £319,379 |
| 6 Month Average | -4.413 % | £-14,342 | £310,657 |
| 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 |
| 11 Apr 2022 | £432,516 | £420,000 | REDSTONE LODGE, 3 SHIPHAY LANE |
| 22 Nov 2021 | £403,405 | £373,000 | 23 SHIPHAY LANE |
| 5 Nov 2021 | £389,345 | £360,000 | 34 SHIPHAY LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 22 Nov 2017. Using an estimated price of £362,575 means this house is valued at £3,984 per sq meter (£370 per sq foot).
The average size of a house on SHIPHAY LANE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlowe Close |
| Feb 2024 | Other crime | Action to be taken by another organisation | On or near Shiphay Manor Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shiphay Park Road |
| Jan 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Jan 2024 | Anti-social behaviour | On or near Shiphay Lane |