£1,220,228
This estimated value is based upon the latest sale price for the house of £720,000 on 20 Apr 2011. This value is then adjusted by the current Official House Price Index for ISLES OF SCILLY 1
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Price Paid | Date |
---|---|
£720,000 | 20 Apr 2011 |
Detached |
Leasehold |
This model uses changes in the Official Land Registry House Price Index for ISLES OF SCILLY to estimate the market value.
When this house was purchased in April 2011 the House Price Index for ISLES OF SCILLY was 86.7.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 69.476%.Applying this 69.476% change to the original purchase price of £720,000 results in an estimated price of approximately £1,220,228.
20 Apr 2011 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 147.0 | 69.476 % | £720,000 | £500,228 | £1,220,228 |
The Postcode Pricing Model uses changes in average sales price within the TR23 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 | -72.222 % | £-519,999 | £200,000 |
3 Month Average | -72.222 % | £-519,999 | £200,000 |
6 Month Average | -72.222 % | £-519,999 | £200,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £523,220 | £525,000 | 4 PARSONS FIELD |
3 Feb 2023 | £197,581 | £200,000 | FRAMING STUDIO |
30 May 2022 | £554,147 | £550,000 | PROSPECT LODGE WELL LANE |
4 Jan 2022 | £546,953 | £525,000 | GREGS GARRISON LANE |
10 Sep 2021 | £314,239 | £295,000 | FLAT 2 THE CORNERS GARRISON LANE |