£578,751
This estimated value is based upon the latest sale price for the house of £342,000 on 12 Nov 2012. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £342,000 | 12 Nov 2012 |
| £170,000 | 18 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 November 2012 the House Price Index for CORNWALL was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £342,000 results in an estimated price of approximately £578,751.
| 12 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £342,000 | £236,751 | £578,751 |
The Postcode Pricing Model uses changes in average sales price within the PL22 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 | 126.544 % | £432,782 | £774,782 |
| 3 Month Average | 58.819 % | £201,162 | £543,162 |
| 6 Month Average | 29.789 % | £101,879 | £443,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £201,017 | £197,500 | 50 PENDOUR PARK |
| 4 Dec 2023 | £152,671 | £150,000 | 5 PENDOUR PARK |
| 22 Sep 2023 | £239,057 | £236,000 | 45 GRENVILLE ROAD |
| 12 Apr 2023 | £222,395 | £220,000 | 1 COTT VILLAS |
| 31 Jan 2023 | £398,125 | £400,000 | 2 LANWITHAN ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 12 Jul 2012. Using an estimated price of £578,751 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on REEDS PARK is 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pendour Park |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barn Park |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Butts Park |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Castle View |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Castle View |