£210,770
This estimated value is based upon the latest sale price for the house of £124,995 on 1 Mar 2013. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £124,995 | 1 Mar 2013 |
| £114,000 | 11 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 609 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 2013 the House Price Index for CORNWALL was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £124,995 results in an estimated price of approximately £210,770.
| 1 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £124,995 | £85,775 | £210,770 |
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 | 40.645 % | £50,804 | £175,799 |
| 3 Month Average | 62.459 % | £78,071 | £203,066 |
| 6 Month Average | 41.305 % | £51,628 | £176,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £355,937 | £345,000 | 11 POLVELYN PARC |
| 17 Oct 2023 | £317,204 | £310,000 | 80 MADISON CLOSE |
| 12 Apr 2023 | £285,337 | £280,000 | 48 MADISON TERRACE |
| 26 Aug 2022 | £326,527 | £325,000 | 15 POLVELYN PARC |
| 11 Mar 2022 | £277,791 | £266,100 | 10 MADISON CLOSE |
This house has a floor area of 56 sq meters or 609 sq feet when measured on 12 Nov 2009. Using an estimated price of £210,771 means this house is valued at £3,719 per sq meter (£345 per sq foot).
The average size of a house on MADISON CLOSE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Madison Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Madison Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madison Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Madison Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madison Close |