£279,561
This estimated value is based upon the latest sale price for the house of £52,000 on 29 Jan 1997. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £52,000 | 29 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 January 1997 the House Price Index for CORNWALL was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £52,000 results in an estimated price of approximately £279,561.
| 29 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £52,000 | £227,561 | £279,561 |
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 | 344.964 % | £179,381 | £231,381 |
| 3 Month Average | 385.981 % | £200,710 | £252,710 |
| 6 Month Average | 481.128 % | £250,186 | £302,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £431,632 | £425,000 | 4 BROOKWAY |
| 8 Dec 2023 | £355,937 | £345,000 | 11 POLVELYN PARC |
| 17 Oct 2023 | £317,204 | £310,000 | 80 MADISON CLOSE |
| 12 Apr 2023 | £285,337 | £280,000 | 48 MADISON TERRACE |
| 26 Aug 2022 | £326,527 | £325,000 | 15 POLVELYN PARC |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 11 Aug 2016. Using an estimated price of £279,561 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on MADISON TERRACE is 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madison Terrace |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madison Terrace |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Madison Terrace |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Madison Terrace |
| Apr 2024 | Other crime | Further investigation is not in the public interest | On or near Madison Terrace |