£237,378
This estimated value is based upon the latest sale price for the house of £235,000 on 15 Jul 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £235,000 | 15 Jul 2022 |
| £155,000 | 6 Aug 2007 |
| £46,650 | 30 Jul 1999 |
| £44,250 | 26 Mar 1999 |
| Terraced |
| 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 July 2022 the House Price Index for CORNWALL was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £235,000 results in an estimated price of approximately £237,378.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £235,000 | £2,378 | £237,378 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 66.071 % | £155,266 | £390,266 |
| 3 Month Average | 11.000 % | £25,849 | £260,849 |
| 6 Month Average | 4.295 % | £10,094 | £245,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £241,121 | £235,000 | 12 WEETHES COTTAGES |
| 30 Oct 2023 | £204,648 | £200,000 | 32 ALVERNE BUILDINGS |
| 31 Aug 2023 | £330,969 | £325,000 | 4 WEETHES COTTAGES |
| 3 Apr 2023 | £180,883 | £177,500 | 6 ALVERNE BUILDINGS |
| 30 Mar 2023 | £198,312 | £195,000 | 8 ALVERTON TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Jun 2014. Using an estimated price of £237,379 means this house is valued at £2,697 per sq meter (£250 per sq foot).
The average size of a house on ALVERNE BUILDINGS is 73 sq meters (795 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Stanford Terrace | |
| Oct 2024 | Anti-social behaviour | On or near Stanford Terrace | |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Stanford Terrace |
| Aug 2024 | Other theft | Under investigation | On or near Penalverne Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penalverne Place |