£241,396
This estimated value is based upon the latest sale price for the house of £52,500 on 24 Dec 1998. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £52,500 | 24 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 1998 the House Price Index for CORNWALL was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £52,500 results in an estimated price of approximately £241,396.
| 24 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £52,500 | £188,896 | £241,396 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 442.417 % | £232,268 | £284,768 |
| 3 Month Average | 424.585 % | £222,906 | £275,406 |
| 6 Month Average | 391.881 % | £205,737 | £258,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £274,057 | £270,000 | 17 POLWHELE ROAD |
| 22 Nov 2023 | £284,208 | £280,000 | 55 POLWHELE ROAD |
| 5 Sep 2023 | £210,187 | £207,500 | 28 POLWHELE ROAD |
| 28 Jul 2023 | £238,181 | £234,975 | 71 POLWHELE ROAD |
| 21 Jul 2023 | £214,892 | £212,000 | 24 POLWHELE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Apr 2017. Using an estimated price of £241,396 means this house is valued at £2,774 per sq meter (£257 per sq foot).
The average size of a house on POLWHELE ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Possession of weapons | Under investigation | On or near Polwhele Road |
| Apr 2024 | Burglary | Under investigation | On or near Polwhele Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Polwhele Road |