£701,718
This estimated value is based upon the latest sale price for the house of £690,000 on 1 Mar 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £690,000 | 1 Mar 2023 |
| £392,500 | 1 Jul 2016 |
| £92,500 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2023 the House Price Index for CORNWALL was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £690,000 results in an estimated price of approximately £701,718.
| 1 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £690,000 | £11,718 | £701,718 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | -25.714 % | £-177,427 | £512,572 |
| 3 Month Average | -1.524 % | £-10,516 | £679,483 |
| 6 Month Average | 2.759 % | £19,039 | £709,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £464,266 | £450,000 | 4 ARWENACK AVENUE |
| 13 Oct 2023 | £383,715 | £375,000 | 12 MELVILL CRESCENT |
| 21 Aug 2023 | £692,490 | £680,000 | 9 GROVEHILL DRIVE |
| 21 Aug 2023 | £427,714 | £420,000 | 3 WOODLANE CLOSE |
| 4 Aug 2023 | £259,684 | £255,000 | FLAT 4 ROPEWALK COURT ARWENACK AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Apr 2016. Using an estimated price of £701,719 means this house is valued at £6,265 per sq meter (£582 per sq foot).
The average size of a house on GROVEHILL CRESCENT is 117 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Grovehill Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grovehill Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grovehill Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grovehill Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grovehill Crescent |