£405,159
This estimated value is based upon the latest sale price for the house of £305,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £305,000 | 23 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 September 2016 the House Price Index for TORBAY was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £305,000 results in an estimated price of approximately £405,159.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £305,000 | £100,159 | £405,159 |
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 | -11.206 % | £-34,178 | £270,821 |
| 3 Month Average | 28.591 % | £87,201 | £392,201 |
| 6 Month Average | 30.587 % | £93,289 | £398,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £437,937 | £440,000 | 34 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 |
| 22 Nov 2021 | £403,405 | £373,000 | 23 SHIPHAY LANE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 3 Jun 2016. Using an estimated price of £405,159 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on SHIPHAY PARK ROAD is 130 sq meters (1,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shiphay Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Road |