£296,525
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £240,000 | 7 Nov 2019 |
| £63,000 | 1 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 sq feet |
This model uses changes in the Official Land Registry House Price Index for CORNWALL to estimate the market value.
When this house was purchased in November 2019 the House Price Index for CORNWALL was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £240,000 results in an estimated price of approximately £296,525.
| 7 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £240,000 | £56,525 | £296,525 |
The Postcode Pricing Model uses changes in average sales price within the TR27 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 | -18.346 % | £-44,030 | £195,969 |
| 3 Month Average | 16.695 % | £40,068 | £280,068 |
| 6 Month Average | 33.779 % | £81,068 | £321,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £517,958 | £510,000 | 11 MILLPOND AVENUE |
| 20 Jan 2023 | £92,246 | £92,000 | FLAT 1, THE LAURELS 9 FOUNDRY HILL |
| 25 Jul 2022 | £272,733 | £270,000 | 26 FOUNDRY HILL |
| 31 Jan 2022 | £255,508 | £241,000 | 5 FOUNDRY SQUARE |
| 16 Feb 2021 | £137,235 | £120,000 | 11 FOUNDRY FLATS FOUNDRY SQUARE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 15 May 2019. Using an estimated price of £296,526 means this house is valued at £2,372 per sq meter (£220 per sq foot).
The average size of a house on FOUNDRY HILL is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Foundry Hill | |
| May 2024 | Anti-social behaviour | On or near Foundry Hill | |
| May 2024 | Anti-social behaviour | On or near Foundry Hill | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Trevoarn |