£433,746
This estimated value is based upon the latest sale price for the house of £352,000 on 28 May 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £352,000 | 28 May 2020 |
| £300,000 | 19 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2020 the House Price Index for CORNWALL was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £352,000 results in an estimated price of approximately £433,746.
| 28 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £352,000 | £81,746 | £433,746 |
The Postcode Pricing Model uses changes in average sales price within the PL27 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 | 59.093 % | £208,006 | £560,006 |
| 3 Month Average | 23.153 % | £81,500 | £433,500 |
| 6 Month Average | 18.981 % | £66,812 | £418,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £358,134 | £350,000 | 45 OAK VIEW ROAD |
| 8 Sep 2023 | £250,523 | £245,000 | 30 TREVARNER WAY |
| 29 Aug 2023 | £208,765 | £205,000 | 47 EGLOSHAYLE ROAD |
| 18 Aug 2023 | £397,163 | £390,000 | 42 EGLOSHAYLE ROAD |
| 2 Feb 2023 | £664,438 | £660,000 | 2 CLEAVE CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 8 Oct 2018. Using an estimated price of £433,747 means this house is valued at £3,979 per sq meter (£369 per sq foot).
The average size of a house on RIDGELEY CLOSE is 164 sq meters (1,770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgeley Close |
| Jun 2024 | Anti-social behaviour | On or near Ridgeley Close | |
| Jun 2024 | Anti-social behaviour | On or near Ridgeley Close | |
| Jun 2024 | Anti-social behaviour | On or near Ridgeley Close | |
| Jun 2024 | Anti-social behaviour | On or near Ridgeley Close |