£701,226
This estimated value is based upon the latest sale price for the house of £694,200 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £694,200 | 29 Jul 2022 |
| Detached |
| Freehold |
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 July 2022 the House Price Index for CORNWALL was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £694,200 results in an estimated price of approximately £701,226.
| 29 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £694,200 | £7,026 | £701,226 |
The Postcode Pricing Model uses changes in average sales price within the TR27 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 | 29.054 % | £201,690 | £895,890 |
| 3 Month Average | -4.086 % | £-28,365 | £665,834 |
| 6 Month Average | 16.499 % | £114,538 | £808,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £255,000 | £255,000 | 2 CHI LEWIS ST ERTH HILL |
| 20 Mar 2024 | £774,296 | £762,400 | TREMELLIN HOUSE, 3 TREMELLIN LANE |
| 5 Oct 2023 | £434,877 | £425,000 | 26 FORE STREET |
| 2 Jun 2023 | £306,135 | £300,000 | 7 SCHOOL LANE |
| 13 Feb 2023 | £221,479 | £220,000 | 54 FORE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Battery Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Battery Mill Lane | |
| May 2024 | Anti-social behaviour | On or near Battery Mill Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wellfield Close |
| May 2024 | Other theft | Further action is not in the public interest | On or near St Erth Hill |