£630,817
This estimated value is based upon the latest sale price for the house of £595,000 on 10 Jan 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £595,000 | 10 Jan 2022 |
| £235,000 | 19 May 2005 |
| £110,000 | 12 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 January 2022 the House Price Index for CORNWALL was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £595,000 results in an estimated price of approximately £630,817.
| 10 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £595,000 | £35,817 | £630,817 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 11.279 % | £67,109 | £662,109 |
| 3 Month Average | 5.168 % | £30,751 | £625,751 |
| 6 Month Average | 12.829 % | £76,330 | £671,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £384,767 | £375,000 | 12 CHICHESTER CRESCENT |
| 23 Nov 2023 | £444,791 | £433,500 | 21 CHICHESTER CRESCENT |
| 16 Jun 2022 | £388,300 | £380,000 | 5 CHICHESTER CRESCENT |
| 6 May 2022 | £898,405 | £875,000 | 15 MELLANVRANE LANE |
| 25 Feb 2022 | £686,697 | £650,000 | 25 TREVEMPER ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 16 Jul 2021. Using an estimated price of £630,818 means this house is valued at £4,043 per sq meter (£375 per sq foot).
The average size of a house on GRESHAM CLOSE is 140 sq meters (1,510 sq feet).
This house is the largest in the street with a floor area of 156 sq meters (1,679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Middleton Crescent | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Goonvrea Close |
| Aug 2024 | Anti-social behaviour | On or near Goonvrea Close | |
| Aug 2024 | Anti-social behaviour | On or near Goonvrea Close | |
| Aug 2024 | Anti-social behaviour | On or near Goonvrea Close |