£594,357
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Dec 2008. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £325,000 | 4 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,017 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 December 2008 the House Price Index for CORNWALL was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £325,000 results in an estimated price of approximately £594,357.
| 4 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 149.7 | 82.879 % | £325,000 | £269,357 | £594,357 |
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 | 40.897 % | £132,913 | £457,913 |
| 3 Month Average | 48.091 % | £156,295 | £481,295 |
| 6 Month Average | 52.985 % | £172,200 | £497,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £252,046 | £247,500 | FLAT 1 DRACAENA COURT DRACAENA AVENUE |
| 5 Apr 2023 | £366,862 | £360,000 | 86 KIMBERLEY PARK ROAD |
| 19 Jan 2023 | £521,393 | £520,000 | 1 FAIRFIELD ROAD |
| 12 May 2022 | £213,050 | £207,500 | 15 PARK CRESCENT |
| 29 Mar 2022 | £182,688 | £175,000 | TREGANTLE KIMBERLEY PARK ROAD |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 30 Jan 2009. Using an estimated price of £594,357 means this house is valued at £6,287 per sq meter (£584 per sq foot).
The average size of a house on PARK DRIVE is 132 sq meters (1,424 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Drive |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kimberley Park Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Kimberley Park Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kimberley Park Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |