£272,732
This estimated value is based upon the latest sale price for the house of £270,000 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £270,000 | 25 Jul 2022 |
| £200,000 | 30 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 July 2022 the House Price Index for CORNWALL was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £270,000 results in an estimated price of approximately £272,732.
| 25 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £270,000 | £2,732 | £272,732 |
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 | 29.054 % | £78,444 | £348,444 |
| 3 Month Average | -4.086 % | £-11,032 | £258,967 |
| 6 Month Average | 16.499 % | £44,548 | £314,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £517,958 | £510,000 | 11 MILLPOND AVENUE |
| 21 Mar 2023 | £371,612 | £365,406 | 3 MELLANEAR ROAD |
| 20 Jan 2023 | £92,246 | £92,000 | FLAT 1, THE LAURELS 9 FOUNDRY HILL |
| 25 Jul 2022 | £272,733 | £270,000 | 26 FOUNDRY HILL |
| 1 Nov 2021 | £10,895 | £10,000 | MELLANEAR COURT MILLPOND AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 May 2015. Using an estimated price of £272,733 means this house is valued at £4,870 per sq meter (£452 per sq foot).
The average size of a house on FOUNDRY HILL is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Foundry Hill | |
| May 2024 | Anti-social behaviour | On or near Foundry Hill | |
| May 2024 | Anti-social behaviour | On or near Foundry Hill | |
| Jun 2024 | Anti-social behaviour | On or near Millpond Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Millpond Avenue |