£119,768
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Oct 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £80,000 | 20 Oct 2014 |
| £83,000 | 3 Aug 2007 |
| £65,500 | 6 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 October 2014 the House Price Index for CORNWALL was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £80,000 results in an estimated price of approximately £119,768.
| 20 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £80,000 | £39,768 | £119,768 |
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 | 88.694 % | £70,954 | £150,954 |
| 3 Month Average | 45.791 % | £36,632 | £116,632 |
| 6 Month Average | 49.535 % | £39,627 | £119,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £171,617 | £170,000 | 9 MURDOCH CLOSE |
| 17 Feb 2023 | £209,859 | £210,000 | 41 HARMONY CLOSE |
| 25 Nov 2022 | £143,265 | £145,000 | 45 HARMONY CLOSE |
| 20 Oct 2022 | £267,124 | £270,000 | 15 RULE STREET |
| 5 Aug 2022 | £233,372 | £234,000 | 5 HAWTHORN CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 19 Apr 2012. Using an estimated price of £119,769 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on CARDREW CLOSE is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardrew Close |
| Jan 2024 | Anti-social behaviour | On or near Cardrew Close | |
| Jan 2024 | Anti-social behaviour | On or near Cardrew Close | |
| Jan 2024 | Anti-social behaviour | On or near Cardrew Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Close |