£210,165
This estimated value is based upon the latest sale price for the house of £57,000 on 13 Oct 2000. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £57,000 | 13 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 658 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 2000 the House Price Index for CORNWALL was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £57,000 results in an estimated price of approximately £210,165.
| 13 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £57,000 | £153,165 | £210,165 |
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 | 218.937 % | £124,793 | £181,793 |
| 3 Month Average | 250.195 % | £142,611 | £199,611 |
| 6 Month Average | 288.802 % | £164,616 | £221,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £385,000 | £385,000 | APARTMENT 25 GYLLYNGDUNE MANOR EMSLIE ROAD |
| 4 Nov 2022 | £405,106 | £407,000 | APARTMENT 4 GYLLYNGDUNE MANOR EMSLIE ROAD |
| 25 Mar 2022 | £234,885 | £225,000 | FLAT 4 2 AVENUE ROAD |
| 28 Feb 2022 | £464,841 | £440,000 | 26A MELVILL ROAD |
| 7 Jan 2022 | £424,079 | £400,000 | 35 MELVILL ROAD |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 30 Aug 2011. Using an estimated price of £210,166 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on AVENUE ROAD is 118 sq meters (1,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Melvill Road | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melvill Road |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Melvill Road |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Melvill Road |
| Oct 2024 | Violence and sexual offences | On or near Falmouth Town (Station) |