£271,060
This estimated value is based upon the latest sale price for the house of £159,000 on 8 Nov 2012. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £159,000 | 8 Nov 2012 |
| £175,000 | 7 Aug 2006 |
| £73,950 | 17 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 792 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 November 2012 the House Price Index for CORNWALL was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £159,000 results in an estimated price of approximately £271,060.
| 8 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £159,000 | £112,060 | £271,060 |
The Postcode Pricing Model uses changes in average sales price within the TR15 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 | 45.852 % | £72,904 | £231,904 |
| 3 Month Average | 42.570 % | £67,685 | £226,685 |
| 6 Month Average | 39.308 % | £62,499 | £221,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Sep 2024 | £139,950 | £139,950 | 120 FALMOUTH ROAD |
| 1 Dec 2023 | £217,689 | £211,000 | 16 SPARNON TERRACE |
| 14 Sep 2023 | £342,551 | £335,000 | 47 TOWN FARM |
| 11 Aug 2023 | £168,031 | £165,000 | 122 FALMOUTH ROAD |
| 1 Aug 2023 | £229,133 | £225,000 | 46 TOWN FARM |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 15 Jun 2011. Using an estimated price of £271,060 means this house is valued at £3,680 per sq meter (£341 per sq foot).
The average size of a house on TOWN FARM is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Farm |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redvers Heights |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Redvers Heights |
| Aug 2024 | Anti-social behaviour | On or near B3297 | |
| Aug 2024 | Anti-social behaviour | On or near B3297 |