£219,996
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Feb 2024. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Feb 2024 |
| £170,000 | 22 Jul 2019 |
| £150,000 | 19 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 2024 the House Price Index for CORNWALL was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £215,000 results in an estimated price of approximately £219,996.
| 14 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £215,000 | £4,996 | £219,996 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 23.945 % | £51,481 | £266,481 |
| 3 Month Average | 25.123 % | £54,013 | £269,013 |
| 6 Month Average | 13.225 % | £28,434 | £243,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £340,000 | £340,000 | 2 CHYNANCE DRIVE |
| 5 Apr 2024 | £121,051 | £120,000 | FLAT 8 30 ST GEORGES ROAD |
| 5 Apr 2024 | £156,358 | £155,000 | FLAT 7 30 ST GEORGES ROAD |
| 5 Apr 2024 | £116,007 | £115,000 | FLAT 5 30 ST GEORGES ROAD |
| 5 Apr 2024 | £211,840 | £210,000 | FLAT 1 30 ST GEORGES ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Feb 2018.
The average size of a house on REEDS WAY is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Reeds Way |
| Aug 2024 | Anti-social behaviour | On or near Reeds Way | |
| Aug 2024 | Anti-social behaviour | On or near Reeds Way | |
| Aug 2024 | Anti-social behaviour | On or near Reeds Way | |
| Jul 2024 | Anti-social behaviour | On or near Reeds Way |