£397,487
This estimated value is based upon the latest sale price for the house of £235,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £235,000 | 14 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 December 2012 the House Price Index for TORBAY was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £235,000 results in an estimated price of approximately £397,487.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £235,000 | £162,487 | £397,487 |
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 | 91.889 % | £215,939 | £450,939 |
| 3 Month Average | 58.569 % | £137,637 | £372,637 |
| 6 Month Average | 48.894 % | £114,901 | £349,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £477,063 | £470,000 | 79 SHIPHAY LANE |
| 12 Jul 2023 | £263,547 | £260,000 | 26 BANBURY PARK |
| 12 Aug 2022 | £274,262 | £275,000 | 25 STANBURY ROAD |
| 20 Jul 2022 | £381,026 | £380,000 | 3 DAIRY HILL |
| 24 Jun 2022 | £137,950 | £136,000 | FLAT 4 ST ANDREWS COURT CADEWELL LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 1 Oct 2012. Using an estimated price of £397,488 means this house is valued at £3,580 per sq meter (£332 per sq foot).
The average size of a house on SHIPHAY LANE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Kenneth Court |
| Feb 2024 | Anti-social behaviour | On or near Kenneth Court | |
| Feb 2024 | Anti-social behaviour | On or near Kenneth Court | |
| Dec 2023 | Anti-social behaviour | On or near Kenneth Court | |
| Dec 2023 | Anti-social behaviour | On or near Kenneth Court |