£412,746
This estimated value is based upon the latest sale price for the house of £265,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £265,000 | 30 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2014 the House Price Index for CORNWALL was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £265,000 results in an estimated price of approximately £412,746.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £265,000 | £147,746 | £412,746 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 54.039 % | £143,203 | £408,203 |
| 3 Month Average | 46.356 % | £122,844 | £387,844 |
| 6 Month Average | 59.826 % | £158,540 | £423,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £687,398 | £675,000 | 3 CASTLE DRIVE |
| 14 Jun 2023 | £328,585 | £322,000 | 8 MANOR COTTAGES CLIFF ROAD |
| 13 Apr 2023 | £764,295 | £750,000 | BEDRUTHAN 2 CASTLE BAY CASTLE DRIVE |
| 8 Jul 2022 | £565,668 | £560,000 | PELICAN FALMOUTH LODGES, 2 CASTLE DRIVE |
| 27 Apr 2022 | £373,472 | £360,000 | 25 PENDENNIS RISE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Mar 2014. Using an estimated price of £412,746 means this house is valued at £4,390 per sq meter (£407 per sq foot).
There is one other house on the street which we know the size of, this is 3 BAY VIEW CRESCENT it is 99.39
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tredynas Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Pendennis Rise |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Falmouth Docks |
| Sep 2024 | Anti-social behaviour | On or near Falmouth Docks | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falmouth Docks |