£240,961
This estimated value is based upon the latest sale price for the house of £129,995 on 3 Apr 2009. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£129,995 | 3 Apr 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 609 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 2009 the House Price Index for CORNWALL was 79.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 85.362%.Applying this 85.362% change to the original purchase price of £129,995 results in an estimated price of approximately £240,961.
3 Apr 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.0 | 85.362 % | £129,995 | £110,966 | £240,961 |
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 | 38.844 % | £50,495 | £180,490 |
3 Month Average | 105.140 % | £136,677 | £266,672 |
6 Month Average | 124.134 % | £161,367 | £291,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £351,653 | £345,000 | 11 POLVELYN PARC |
5 Jul 2023 | £302,814 | £299,950 | 63 MADISON CLOSE |
12 Apr 2023 | £282,097 | £280,000 | 48 MADISON TERRACE |
26 Aug 2022 | £322,819 | £325,000 | 15 POLVELYN PARC |
11 Mar 2022 | £274,636 | £266,100 | 10 MADISON CLOSE |
This house has a floor area of 56 sq meters or 609 sq feet when measured on 27 Apr 2009. Using an estimated price of £240,961 means this house is valued at £4,252 per sq meter (£395 per sq foot).
The average size of a house on MADISON CLOSE is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Madison Close |
Jan 2024 | Anti-social behaviour | On or near Polvelyn Parc | |
Jan 2024 | Anti-social behaviour | On or near Polvelyn Parc | |
Jan 2024 | Anti-social behaviour | On or near Polvelyn Parc | |
Apr 2024 | Other crime | Under investigation | On or near Madison Terrace |