£329,631
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £245,000 | 14 Jun 2016 |
| £194,500 | 3 Apr 2012 |
| £145,000 | 8 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 782 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 2016 the House Price Index for CORNWALL was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £245,000 results in an estimated price of approximately £329,631.
| 14 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £245,000 | £84,631 | £329,631 |
The Postcode Pricing Model uses changes in average sales price within the TR27 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 | 40.004 % | £98,009 | £343,009 |
| 3 Month Average | 39.878 % | £97,700 | £342,700 |
| 6 Month Average | 22.470 % | £55,051 | £300,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £379,750 | £379,750 | 15 FOUNDRY HILL |
| 15 Mar 2024 | £365,617 | £360,000 | 48 FOUNDRY HILL |
| 8 Mar 2024 | £517,958 | £510,000 | 11 MILLPOND AVENUE |
| 21 Mar 2023 | £371,612 | £365,406 | 3 MELLANEAR ROAD |
| 20 Jan 2023 | £92,246 | £92,000 | FLAT 1, THE LAURELS 9 FOUNDRY HILL |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 26 Jan 2012. Using an estimated price of £329,632 means this house is valued at £4,536 per sq meter (£421 per sq foot).
The average size of a house on FOUNDRY HILL is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foundry Hill |
| Sep 2024 | Anti-social behaviour | On or near Millpond Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Millpond Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Millpond Avenue | |
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B3302 |