£217,557
This estimated value is based upon the latest sale price for the house of £140,500 on 12 Jun 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £140,500 | 12 Jun 2014 |
| £147,000 | 20 Dec 2004 |
| £21,330 | 14 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2014 the House Price Index for CORNWALL was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £140,500 results in an estimated price of approximately £217,557.
| 12 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £140,500 | £77,057 | £217,557 |
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 | 101.715 % | £142,910 | £283,410 |
| 3 Month Average | 68.781 % | £96,637 | £237,137 |
| 6 Month Average | 76.597 % | £107,618 | £248,118 |
| 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 79 sq meters or 850 sq feet when measured on 18 Oct 2019. Using an estimated price of £217,558 means this house is valued at £2,753 per sq meter (£255 per sq foot).
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 |