£454,350
This estimated value is based upon the latest sale price for the house of £177,000 on 22 Nov 2002. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £177,000 | 22 Nov 2002 |
| £42,500 | 8 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 November 2002 the House Price Index for CORNWALL was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £177,000 results in an estimated price of approximately £454,350.
| 22 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £177,000 | £277,350 | £454,350 |
The Postcode Pricing Model uses changes in average sales price within the TR10 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 | 106.944 % | £189,291 | £366,291 |
| 3 Month Average | 131.847 % | £233,369 | £410,369 |
| 6 Month Average | 122.588 % | £216,981 | £393,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £264,630 | £260,000 | 12 TRURO LANE |
| 21 Aug 2023 | £332,912 | £330,000 | BRIGANTINE LOWER MARKET STREET |
| 24 Mar 2023 | £203,921 | £202,000 | 8 TONKINS OPE |
| 25 Apr 2022 | £186,136 | £180,750 | FLAT 2 MANOR COURT SARACEN PLACE |
| 6 Apr 2022 | £185,364 | £180,000 | 28 TRURO LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Jan 2010. Using an estimated price of £454,350 means this house is valued at £4,368 per sq meter (£405 per sq foot).
The average size of a house on THE TERRACE is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |
| Feb 2024 | Anti-social behaviour | On or near Chapel Lane |