£417,921
This estimated value is based upon the latest sale price for the house of £327,500 on 6 Apr 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Mellanear Road
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| Price Paid | Date |
|---|---|
| £327,500 | 6 Apr 2017 |
| £66,000 | 20 Oct 2005 |
| £105,000 | 22 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 April 2017 the House Price Index for CORNWALL was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £327,500 results in an estimated price of approximately £417,921.
| 6 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £327,500 | £90,421 | £417,921 |
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 | 149.280 % | £488,890 | £816,390 |
| 3 Month Average | 90.015 % | £294,798 | £622,298 |
| 6 Month Average | 94.440 % | £309,292 | £636,792 |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 6 Apr 2014.
The average size of a house on MELLANEAR ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Mellanear Road |
| Feb 2024 | Burglary | Under investigation | On or near Hamilton Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ash Drive |
| Dec 2023 | Theft from the person | Under investigation | On or near Albertus Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albertus Drive |