£494,104
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 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £99,000 results in an estimated price of approximately £494,104.
| 23 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £99,000 | £395,104 | £494,104 |
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 | 231.393 % | £229,079 | £328,079 |
| 3 Month Average | 279.503 % | £276,708 | £375,708 |
| 6 Month Average | 321.324 % | £318,110 | £417,110 |
| 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 |
| 24 Nov 2021 | £381,332 | £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 £494,104 means this house is valued at £4,491 per sq meter (£417 per sq foot).
The average size of a house on SHIPHAY LANE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlowe Close |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Marlowe Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlowe Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shiphay Park Road |