£217,171
This estimated value is based upon the latest sale price for the house of £167,550 on 14 Mar 2017. This value is then adjusted by the current Official House Price Index for TORBAY 1
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Price Paid | Date |
---|---|
£167,550 | 14 Mar 2017 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2017 the House Price Index for TORBAY was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £167,550 results in an estimated price of approximately £217,171.
14 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £167,550 | £49,621 | £217,171 |
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 | -11.491 % | £-19,253 | £148,296 |
3 Month Average | 32.401 % | £54,288 | £221,838 |
6 Month Average | 32.771 % | £54,907 | £222,457 |
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 88 sq meters or 947 sq feet when measured on 22 Aug 2016. Using an estimated price of £217,172 means this house is valued at £2,467 per sq meter (£229 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 | |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Newton Road |