£388,272
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Mar 2020 |
| £260,000 | 13 Aug 2015 |
| £139,950 | 16 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 2020 the House Price Index for CORNWALL was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £320,000 results in an estimated price of approximately £388,272.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £320,000 | £68,272 | £388,272 |
The Postcode Pricing Model uses changes in average sales price within the TR27 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 | -58.280 % | £-186,497 | £133,502 |
| 3 Month Average | 18.258 % | £58,425 | £378,425 |
| 6 Month Average | 6.803 % | £21,768 | £341,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £283,000 | £283,000 | 7 COMMERCIAL ROAD |
| 20 Mar 2024 | £548,426 | £540,000 | 11 MOUNT PLEASANT |
| 1 Mar 2024 | £243,745 | £240,000 | 4 MOUNT FOLLY CHAPEL HILL |
| 21 Dec 2023 | £175,389 | £170,000 | 40 COMMERCIAL ROAD |
| 29 Sep 2023 | £409,016 | £400,000 | 100 COMMERCIAL ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 24 Apr 2012. Using an estimated price of £388,273 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on COMMERCIAL ROAD is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Commercial Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Commercial Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chapel Hill |
| Aug 2024 | Anti-social behaviour | On or near Commercial Road |