£326,224
This estimated value is based upon the latest sale price for the house of £165,000 on 10 Jun 2004. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Mellanear Road
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| Price Paid | Date |
|---|---|
| £165,000 | 10 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2004 the House Price Index for CORNWALL was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £165,000 results in an estimated price of approximately £326,224.
| 10 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £165,000 | £161,224 | £326,224 |
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 | 98.495 % | £162,516 | £327,516 |
| 3 Month Average | 142.892 % | £235,772 | £400,772 |
| 6 Month Average | 153.923 % | £253,972 | £418,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £308,950 | £305,000 | 32 ASH DRIVE |
| 9 Sep 2022 | £391,836 | £395,000 | 23 ASH DRIVE |
| 13 Dec 2021 | £332,127 | £310,000 | 3 ASH DRIVE |
| 29 Sep 2021 | £377,157 | £350,000 | 45 MELLANEAR ROAD |
| 30 Jun 2021 | £348,700 | £325,000 | 22 ASH DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Feb 2020. Using an estimated price of £326,225 means this house is valued at £3,793 per sq meter (£352 per sq foot).
The average size of a house on ASH DRIVE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Mellanear Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tolver Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albertus Drive |
| Feb 2024 | Burglary | Under investigation | On or near Hamilton Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |