£224,592
This estimated value is based upon the latest sale price for the house of £45,000 on 28 Oct 1997. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £45,000 | 28 Oct 1997 |
| Semi-Detached |
| Freehold |
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 October 1997 the House Price Index for CORNWALL was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £45,000 results in an estimated price of approximately £224,592.
| 28 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £45,000 | £179,592 | £224,592 |
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 | 276.851 % | £124,583 | £169,583 |
| 3 Month Average | 340.432 % | £153,194 | £198,194 |
| 6 Month Average | 454.459 % | £204,506 | £249,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £517,958 | £510,000 | 11 MILLPOND AVENUE |
| 8 Sep 2023 | £224,959 | £220,000 | 32 MELLANEAR CLOSE |
| 21 Mar 2023 | £371,612 | £365,406 | 3 MELLANEAR ROAD |
| 22 Aug 2022 | £376,762 | £375,000 | 2 MELLANEAR CLOSE |
| 29 Oct 2021 | £501,601 | £450,000 | 59 MELLANEAR CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B3302 |
| Jun 2024 | Anti-social behaviour | On or near Millpond Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Millpond Avenue | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Albertus Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albertus Drive |