£393,533
This estimated value is based upon the latest sale price for the house of £317,000 on 22 Oct 2018. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£317,000 | 22 Oct 2018 |
£90,000 | 25 Aug 2000 |
£75,000 | 2 Nov 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 October 2018 the House Price Index for CORNWALL was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £317,000 results in an estimated price of approximately £393,533.
22 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £317,000 | £76,533 | £393,533 |
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 | 131.410 % | £416,568 | £733,568 |
3 Month Average | 61.060 % | £193,561 | £510,561 |
6 Month Average | 57.048 % | £180,840 | £497,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £730,000 | £730,000 | 6 ESPLANADE ROAD |
1 Mar 2024 | £1,371,065 | £1,350,000 | APARTMENT 9 TIDELINES, 2 PENTIRE AVENUE |
30 Oct 2023 | £388,831 | £380,000 | APARTMENT 40 OCEAN 1 PENTIRE AVENUE |
20 Oct 2023 | £342,785 | £335,000 | APARTMENT 3 OCEAN 1 PENTIRE AVENUE |
20 Mar 2023 | £325,435 | £320,000 | APARTMENT 12 OCEAN 1 PENTIRE AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Apr 2018. Using an estimated price of £393,534 means this house is valued at £5,390 per sq meter (£500 per sq foot).
The average size of a house on ESPLANADE ROAD is 106 sq meters (1,144 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ocean View |
Jul 2024 | Robbery | Unable to prosecute suspect | On or near Ocean View |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ocean View |
Jul 2024 | Vehicle crime | Under investigation | On or near Fairfield Place |