£383,707
This estimated value is based upon the latest sale price for the house of £355,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £355,000 | 30 Jun 2021 |
| £235,000 | 2 Sep 2014 |
| £215,000 | 30 Sep 2003 |
| £95,750 | 13 Oct 2000 |
| £66,500 | 15 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2021 the House Price Index for CORNWALL was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £355,000 results in an estimated price of approximately £383,707.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £355,000 | £28,707 | £383,707 |
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 | 41.612 % | £147,721 | £502,721 |
| 3 Month Average | 13.729 % | £48,737 | £403,737 |
| 6 Month Average | -4.645 % | £-16,489 | £338,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £211,499 | £205,000 | 16 CHAPEL LANE |
| 1 Dec 2023 | £268,243 | £260,000 | 12 TRURO LANE |
| 21 Aug 2023 | £336,061 | £330,000 | BRIGANTINE LOWER MARKET STREET |
| 24 Mar 2023 | £205,431 | £202,000 | 8 TONKINS OPE |
| 25 Apr 2022 | £187,514 | £180,750 | FLAT 2 MANOR COURT SARACEN PLACE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Jun 2011. Using an estimated price of £383,708 means this house is valued at £4,125 per sq meter (£383 per sq foot).
The average size of a house on THE TERRACE is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Jun 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Jun 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Jun 2024 | Public order | Formal action is not in the public interest | On or near Chapel Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |