£596,402
This estimated value is based upon the latest sale price for the house of £480,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £480,000 | 26 Jul 2019 |
| £300,000 | 31 Jul 2006 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 2019 the House Price Index for CORNWALL was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £480,000 results in an estimated price of approximately £596,402.
| 26 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £480,000 | £116,402 | £596,402 |
The Postcode Pricing Model uses changes in average sales price within the PL12 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 | 23.427 % | £112,447 | £592,447 |
| 3 Month Average | 14.294 % | £68,613 | £548,613 |
| 6 Month Average | 26.299 % | £126,234 | £606,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £304,681 | £300,000 | 39 LOWER PORT VIEW |
| 8 Mar 2024 | £558,582 | £550,000 | 14 ESSA ROAD |
| 29 Jun 2023 | £505,123 | £495,000 | 35 LOWER PORT VIEW |
| 31 Mar 2023 | £610,190 | £600,000 | 12 LOWER PORT VIEW |
| 29 Jul 2022 | £146,468 | £145,000 | FLAT 1 FRIARY COURT LOWER PORT VIEW |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 30 Aug 2018. Using an estimated price of £596,402 means this house is valued at £3,408 per sq meter (£316 per sq foot).
The average size of a house on LOWER PORT VIEW is 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Wesley Road |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Wesley Lane |
| Oct 2024 | Anti-social behaviour | On or near Wesley Lane | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wesley Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wesley Lane |