£301,638
This estimated value is based upon the latest sale price for the house of £175,000 on 7 Dec 2011. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £175,000 | 7 Dec 2011 |
| £114,950 | 23 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 2011 the House Price Index for CORNWALL was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £175,000 results in an estimated price of approximately £301,638.
| 7 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £175,000 | £126,638 | £301,638 |
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 | 74.605 % | £130,559 | £305,559 |
| 3 Month Average | 94.065 % | £164,613 | £339,613 |
| 6 Month Average | 94.310 % | £165,042 | £340,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £240,000 | £240,000 | 4 MOUNT FOLLY CHAPEL HILL |
| 29 Sep 2023 | £405,181 | £400,000 | 100 COMMERCIAL ROAD |
| 11 Aug 2023 | £327,868 | £325,000 | 43 COMMERCIAL ROAD |
| 23 Aug 2022 | £339,087 | £340,000 | 32 COMMERCIAL ROAD |
| 10 Aug 2022 | £468,738 | £470,000 | 37 MOUNT PLEASANT |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 May 2014. Using an estimated price of £301,639 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on MOUNT PLEASANT is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Chapel Hill | |
| Feb 2024 | Anti-social behaviour | On or near Chapel Hill | |
| Feb 2024 | Anti-social behaviour | On or near Chapel Hill | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Hill |
| Apr 2024 | Anti-social behaviour | On or near Trelawney Way |