£185,612
This estimated value is based upon the latest sale price for the house of £37,000 on 23 Jul 1997. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £37,000 | 23 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 1997 the House Price Index for CORNWALL was 29.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 401.654%.Applying this 401.654% change to the original purchase price of £37,000 results in an estimated price of approximately £185,612.
| 23 Jul 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 146.7 | 401.654 % | £37,000 | £148,612 | £185,612 |
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 | 598.690 % | £221,515 | £258,515 |
| 3 Month Average | 601.316 % | £222,486 | £259,486 |
| 6 Month Average | 667.537 % | £246,988 | £283,988 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 25 Jan 2016.
The average size of a house on PROSPECT PLACE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Prospect Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Dec 2023 | Criminal damage and arson | Further investigation is not in the public interest | On or near Petrol Station |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Public order | Under investigation | On or near Copper Terrace |