£339,338
This estimated value is based upon the latest sale price for the house of £335,000 on 5 Sep 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £335,000 | 5 Sep 2023 |
| £260,000 | 11 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2023 the House Price Index for CORNWALL was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £335,000 results in an estimated price of approximately £339,338.
| 5 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £335,000 | £4,338 | £339,338 |
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 | 9.258 % | £31,013 | £366,013 |
| 3 Month Average | 7.833 % | £26,239 | £361,239 |
| 6 Month Average | 31.030 % | £103,951 | £438,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £366,411 | £360,000 | 5 DRACAENA AVENUE |
| 5 Sep 2023 | £339,339 | £335,000 | 15 DRACAENA AVENUE |
| 21 Jul 2023 | £182,456 | £180,000 | FLAT 1 37 PROSPECT PLACE |
| 2 Jun 2023 | £303,678 | £300,000 | 27 DRACAENA AVENUE |
| 26 Jan 2023 | £253,804 | £255,000 | 32 PROSPECT PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Oct 2017. Using an estimated price of £339,339 means this house is valued at £4,990 per sq meter (£463 per sq foot).
The average size of a house on DRACAENA AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Prospect Place | |
| Mar 2024 | Anti-social behaviour | On or near Prospect Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Trevassack Hill |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Trevassack Hill |