£422,249
This estimated value is based upon the latest sale price for the house of £352,000 on 10 Mar 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There have been two burglaries within the last year on or near Ocean View Road
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| Price Paid | Date |
|---|---|
| £352,000 | 10 Mar 2020 |
| £272,250 | 19 Jun 2008 |
| £249,000 | 25 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 March 2020 the House Price Index for CORNWALL was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £352,000 results in an estimated price of approximately £422,249.
| 10 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £352,000 | £70,249 | £422,249 |
The Postcode Pricing Model uses changes in average sales price within the EX23 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 | -7.055 % | £-24,833 | £327,166 |
| 3 Month Average | 23.542 % | £82,868 | £434,868 |
| 6 Month Average | 15.919 % | £56,033 | £408,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2022 | £422,857 | £428,000 | 12 FLEXBURY AVENUE |
| 14 Jul 2022 | £342,537 | £343,000 | 33 VICTORIA ROAD |
| 17 May 2022 | £431,413 | £425,000 | 42 VICTORIA ROAD |
| 25 Mar 2022 | £340,586 | £330,000 | 5 VICTORIA ROAD |
| 10 Mar 2022 | £547,001 | £530,000 | DOLPHIN HOUSE, 2 FLEXBURY AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Sep 2019. Using an estimated price of £422,250 means this house is valued at £3,703 per sq meter (£344 per sq foot).
The average size of a house on OCEAN VIEW ROAD is 156 sq meters (1,681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ocean View Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ocean View Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ocean View Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Ocean View Road |
| Apr 2024 | Anti-social behaviour | On or near Summerleaze Avenue |