£309,821
This estimated value is based upon the latest sale price for the house of £178,000 on 20 Sep 2011. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £178,000 | 20 Sep 2011 |
| £161,000 | 4 Jan 2006 |
| £115,000 | 27 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2011 the House Price Index for CORNWALL was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £178,000 results in an estimated price of approximately £309,821.
| 20 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £178,000 | £131,821 | £309,821 |
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 | 61.177 % | £108,895 | £286,895 |
| 3 Month Average | 53.644 % | £95,485 | £273,485 |
| 6 Month Average | 66.291 % | £117,997 | £295,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2024 | £285,000 | £285,000 | 68 LONGFIELD |
| 13 Dec 2023 | £355,937 | £345,000 | 1 PIT MEADOW |
| 27 Apr 2023 | £262,918 | £258,000 | 84 LONGFIELD |
| 24 Feb 2023 | £478,194 | £475,000 | 59 CHURCH WAY |
| 12 Aug 2022 | £276,292 | £275,000 | 61 LONGFIELD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Jul 2011. Using an estimated price of £309,821 means this house is valued at £4,694 per sq meter (£436 per sq foot).
The average size of a house on LONGFIELD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Pit Meadow |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pit Meadow |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pit Meadow |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Longfield |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield |