£3,722,565
This estimated value is based upon the latest sale price for the house of £3,150,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£3,150,000 | 16 Oct 2020 |
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 October 2020 the House Price Index for CORNWALL was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £3,150,000 results in an estimated price of approximately £3,722,565.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £3,150,000 | £572,565 | £3,722,565 |
The Postcode Pricing Model uses changes in average sales price within the TR2 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 | -56.601 % | £-1,782,938 | £1,367,061 |
3 Month Average | -9.194 % | £-289,624 | £2,860,375 |
6 Month Average | 13.173 % | £414,960 | £3,564,960 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £636,913 | £625,000 | SEPTEMBER COTTAGE, 11 COMMERCIAL ROAD |
11 Apr 2023 | £738,819 | £725,000 | 12 CHAPEL TERRACE |
31 Jan 2023 | £906,422 | £904,000 | CHAPEL HOUSE WEST MARINE PARADE |
6 Aug 2021 | £921,577 | £820,000 | 12 MARINE PARADE |
25 Jun 2021 | £594,477 | £550,000 | CHAPEL COTTAGE, 4 CHAPEL TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Commercial Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Quay |
Jun 2024 | Anti-social behaviour | On or near The Quay | |
Jun 2024 | Anti-social behaviour | On or near The Quay | |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Bohella Road |