£335,616
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Aug 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£220,000 | 20 Aug 2014 |
£230,000 | 20 Mar 2008 |
£224,000 | 5 Dec 2005 |
£125,000 | 4 Apr 2002 |
£52,000 | 11 Oct 1996 |
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 August 2014 the House Price Index for CORNWALL was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £220,000 results in an estimated price of approximately £335,616.
20 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £220,000 | £115,616 | £335,616 |
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 | 9.890 % | £21,758 | £241,758 |
3 Month Average | 27.836 % | £61,238 | £281,238 |
6 Month Average | 52.860 % | £116,291 | £336,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £224,959 | £220,000 | 32 MELLANEAR CLOSE |
20 Feb 2023 | £115,773 | £115,000 | 2 CRUN MELYN PARC |
22 Aug 2022 | £376,762 | £375,000 | 2 MELLANEAR CLOSE |
5 Aug 2022 | £276,292 | £275,000 | 16 CRUN MELYN PARC |
13 Jul 2022 | £353,543 | £350,000 | 5 HAMILTON CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Feb 2015. Using an estimated price of £335,616 means this house is valued at £4,935 per sq meter (£458 per sq foot).
The average size of a house on MELLANEAR CLOSE is 97 sq meters (1,052 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Albertus Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albertus Drive |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B3302 |
Jun 2024 | Anti-social behaviour | On or near Trelissick Fields | |
Jun 2024 | Anti-social behaviour | On or near Trelissick Fields |