£520,463
This estimated value is based upon the latest sale price for the house of £394,000 on 1 Dec 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £394,000 | 1 Dec 2016 |
| £155,300 | 6 Apr 2001 |
| £54,000 | 17 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2016 the House Price Index for CORNWALL was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £394,000 results in an estimated price of approximately £520,463.
| 1 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £394,000 | £126,463 | £520,463 |
The Postcode Pricing Model uses changes in average sales price within the TR26 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 | 109.101 % | £429,857 | £823,857 |
| 3 Month Average | 10.784 % | £42,489 | £436,489 |
| 6 Month Average | 25.037 % | £98,645 | £492,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £213,277 | £210,000 | PEDROS NORTH PLACE |
| 22 Sep 2023 | £449,918 | £440,000 | TREWIDDEN THE WHARF |
| 30 Aug 2023 | £191,453 | £188,000 | FLAT 4 COPPER KETTLE WHARF ROAD |
| 2 Aug 2023 | £244,408 | £240,000 | 1 BURRELLS COURT |
| 29 Jun 2023 | £89,289 | £87,500 | FLAT 1 COPPER KETTLE WHARF ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 May 2016. Using an estimated price of £520,463 means this house is valued at £5,536 per sq meter (£514 per sq foot).
The average size of a house on BAILEYS LANE is 98 sq meters (1,060 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Place |
| May 2024 | Anti-social behaviour | On or near Porthmeor Square | |
| May 2024 | Anti-social behaviour | On or near Porthmeor Square | |
| May 2024 | Anti-social behaviour | On or near Porthmeor Square | |
| Jul 2024 | Anti-social behaviour | On or near Rose Lane |