£551,029
This estimated value is based upon the latest sale price for the house of £457,500 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £457,500 | 6 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 March 2020 the House Price Index for CORNWALL was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £457,500 results in an estimated price of approximately £551,029.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £457,500 | £93,529 | £551,029 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 31.336 % | £143,363 | £600,863 |
| 3 Month Average | 27.101 % | £123,987 | £581,487 |
| 6 Month Average | 24.996 % | £114,356 | £571,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £351,144 | £345,000 | FLAT 23 SEA VIEW COURT SEA VIEW ROAD |
| 4 Dec 2023 | £798,980 | £785,000 | KENYA, 65 MELVILL ROAD |
| 24 Feb 2023 | £324,781 | £325,000 | FLAT 1 11 STRACEY ROAD |
| 9 Nov 2022 | £1,383,245 | £1,400,000 | 14A STRACEY ROAD |
| 21 Oct 2022 | £469,940 | £475,000 | 72 MELVILL ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 12 Jul 2019. Using an estimated price of £551,030 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on MELVILL ROAD is 127 sq meters (1,375 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stracey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Trelawney Avenue |
| Feb 2024 | Anti-social behaviour | On or near Woodlane Drive | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodlane Drive |
| Feb 2024 | Anti-social behaviour | On or near Woodlane Drive |