£35,314
This estimated value is based upon the latest sale price for the house of £7,500 on 12 May 1998. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £7,500 | 12 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 434 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 1998 the House Price Index for CORNWALL was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £7,500 results in an estimated price of approximately £35,314.
| 12 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £7,500 | £27,814 | £35,314 |
The Postcode Pricing Model uses changes in average sales price within the TR15 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 | 365.881 % | £27,441 | £34,941 |
| 3 Month Average | 350.473 % | £26,285 | £33,785 |
| 6 Month Average | 436.441 % | £32,733 | £40,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £339,339 | £335,000 | 47 TOWN FARM |
| 29 Aug 2023 | £191,677 | £190,000 | 8 GILLY HILL |
| 11 Aug 2023 | £166,456 | £165,000 | 122 FALMOUTH ROAD |
| 19 Jun 2023 | £197,391 | £195,000 | 14 GILLY HILL |
| 21 Apr 2023 | £194,090 | £192,000 | 6 TOWN FARM |
This house has a floor area of 40 sq meters or 434 sq feet when measured on 31 Jul 2009. Using an estimated price of £35,314 means this house is valued at £874 per sq meter (£81 per sq foot).
The average size of a house on FALMOUTH ROAD is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sparnon Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sparnon Hill |
| Jan 2024 | Public order | Awaiting court outcome | On or near Gilly Hill |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clinton Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near B3300 |