£494,998
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £295,000 | 14 Jun 2013 |
| £295,000 | 8 Oct 2008 |
| £86,000 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2013 the House Price Index for CORNWALL was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £295,000 results in an estimated price of approximately £494,998.
| 14 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £295,000 | £199,998 | £494,998 |
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 | 42.031 % | £123,992 | £418,992 |
| 3 Month Average | 45.688 % | £134,778 | £429,778 |
| 6 Month Average | 56.186 % | £165,747 | £460,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £250,000 | £250,000 | 233 LONGFIELD |
| 1 Mar 2024 | £365,617 | £360,000 | 28 VENTON ROAD |
| 29 Nov 2023 | £261,642 | £255,000 | 2 FAWKENER CLOSE |
| 28 Nov 2023 | £405,288 | £395,000 | 2 MOUNT STEPHENS LANE |
| 10 Nov 2023 | £302,683 | £295,000 | 16 FAWKENER CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Oct 2012. Using an estimated price of £494,999 means this house is valued at £5,624 per sq meter (£522 per sq foot).
The average size of a house on VENTON ROAD is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Polventon Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mearwood Lane |
| Oct 2024 | Anti-social behaviour | On or near Freeman Collins Drive | |
| Oct 2024 | Anti-social behaviour | On or near Freeman Collins Drive | |
| Sep 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Faukener Close |