£391,104
This estimated value is based upon the latest sale price for the house of £230,000 on 21 Feb 2013. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £230,000 | 21 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 February 2013 the House Price Index for TORBAY was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £230,000 results in an estimated price of approximately £391,104.
| 21 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £230,000 | £161,104 | £391,104 |
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 | 30.754 % | £70,733 | £300,733 |
| 3 Month Average | 31.555 % | £72,576 | £302,576 |
| 6 Month Average | 44.865 % | £103,189 | £333,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £300,741 | £291,500 | 20 OAK PARK AVENUE |
| 17 Nov 2023 | £482,241 | £470,000 | 79 SHIPHAY LANE |
| 20 Jul 2022 | £383,846 | £380,000 | 3 DAIRY HILL |
| 24 Jun 2022 | £138,971 | £136,000 | FLAT 4 ST ANDREWS COURT CADEWELL LANE |
| 28 Mar 2022 | £498,478 | £477,500 | 72 CADEWELL LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 1 Oct 2012. Using an estimated price of £391,104 means this house is valued at £3,259 per sq meter (£302 per sq foot).
The average size of a house on SHIPHAY LANE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Dairy Hill |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dairy Hill |
| Oct 2024 | Other theft | Awaiting court outcome | On or near Supermarket |
| Oct 2024 | Other theft | Under investigation | On or near Supermarket |
| Oct 2024 | Other theft | Further investigation is not in the public interest | On or near Supermarket |