£297,881
This estimated value is based upon the latest sale price for the house of £175,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £175,000 | 27 Jul 2012 |
| £165,000 | 19 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 965 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 2012 the House Price Index for CORNWALL was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £175,000 results in an estimated price of approximately £297,881.
| 27 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £175,000 | £122,881 | £297,881 |
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 | 46.118 % | £80,705 | £255,705 |
| 3 Month Average | 33.148 % | £58,008 | £233,008 |
| 6 Month Average | 51.762 % | £90,582 | £265,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £142,493 | £140,000 | FLAT 11 CHY KENSA JUBILEE DRIVE |
| 17 Jul 2023 | £126,655 | £124,950 | 36 EAST END |
| 3 Jan 2023 | £117,447 | £118,000 | FLAT 42 CHY KENSA JUBILEE DRIVE |
| 21 Oct 2022 | £114,517 | £115,750 | FLAT 31 CHY KENSA JUBILEE DRIVE |
| 3 Aug 2022 | £119,678 | £120,000 | FLAT 32 CHY KENSA JUBILEE DRIVE |
This house has a floor area of 89 sq meters or 965 sq feet when measured on 8 Feb 2012. Using an estimated price of £297,881 means this house is valued at £3,320 per sq meter (£308 per sq foot).
The average size of a house on DRUMP ROAD is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drump Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cardrew Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cardrew Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cardrew Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardrew Lane |