£157,899
This estimated value is based upon the latest sale price for the house of £126,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £126,000 | 16 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2018 the House Price Index for TORBAY was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £126,000 results in an estimated price of approximately £157,899.
| 16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £126,000 | £31,899 | £157,899 |
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 | 63.508 % | £80,019 | £206,019 |
| 3 Month Average | 33.784 % | £42,567 | £168,567 |
| 6 Month Average | 23.890 % | £30,101 | £156,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £284,208 | £280,000 | 1A SUMMERFIELD ROAD |
| 24 Feb 2023 | £439,704 | £440,000 | 4 QUEENSWAY CLOSE |
| 16 Jan 2023 | £318,500 | £320,000 | 2 QUEENSWAY CREST QUEENSWAY |
| 28 Sep 2022 | £416,636 | £420,000 | 1 QUEENSWAY CREST QUEENSWAY |
| 23 May 2022 | £243,590 | £239,000 | 74 NEWTON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Feb 2017. Using an estimated price of £157,899 means this house is valued at £1,836 per sq meter (£170 per sq foot).
The average size of a house on SHIPHAY LANE is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Feb 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Feb 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Feb 2024 | Anti-social behaviour | On or near Shiphay Lane | |
| Dec 2023 | Anti-social behaviour | On or near Shiphay Lane |