£528,228
This estimated value is based upon the latest sale price for the house of £500,000 on 10 Feb 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near The Spires
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| Price Paid | Date |
|---|---|
| £500,000 | 10 Feb 2022 |
| £91,000 | 25 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2022 the House Price Index for CORNWALL was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £500,000 results in an estimated price of approximately £528,228.
| 10 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £500,000 | £28,228 | £528,228 |
The Postcode Pricing Model uses changes in average sales price within the TR1 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 | -1.015 % | £-5,076 | £494,923 |
| 3 Month Average | 19.824 % | £99,122 | £599,122 |
| 6 Month Average | 15.647 % | £78,235 | £578,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £534,643 | £530,000 | 27 CHAINWALK DRIVE |
| 14 Nov 2023 | £466,851 | £455,000 | 19 CHAINWALK DRIVE |
| 30 Jun 2023 | £454,100 | £445,000 | 7 CHAINWALK DRIVE |
| 21 Oct 2022 | £488,369 | £490,000 | MOUNTFORD HOUSE CYRIL ROAD |
| 5 Aug 2022 | £486,274 | £484,000 | 30 CHAINWALK DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Sep 2021. Using an estimated price of £528,229 means this house is valued at £6,002 per sq meter (£557 per sq foot).
The average size of a house on CATHEDRAL VIEW is 120 sq meters (1,296 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Spires |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Spires |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Daubuz Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Daubuz Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rosedale Road |