£196,603
This estimated value is based upon the latest sale price for the house of £155,500 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £155,500 | 5 Jan 2018 |
| £41,500 | 19 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2018 the House Price Index for CORNWALL was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £155,500 results in an estimated price of approximately £196,603.
| 5 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £155,500 | £41,103 | £196,603 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 50.601 % | £78,684 | £234,184 |
| 3 Month Average | 40.212 % | £62,530 | £218,030 |
| 6 Month Average | 38.153 % | £59,327 | £214,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £241,121 | £235,000 | 12 WEETHES COTTAGES |
| 30 Oct 2023 | £204,648 | £200,000 | 32 ALVERNE BUILDINGS |
| 31 Aug 2023 | £330,969 | £325,000 | 4 WEETHES COTTAGES |
| 3 Apr 2023 | £180,883 | £177,500 | 6 ALVERNE BUILDINGS |
| 30 Mar 2023 | £198,312 | £195,000 | 8 ALVERTON TERRACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Jan 2018. Using an estimated price of £196,603 means this house is valued at £3,024 per sq meter (£281 per sq foot).
The average size of a house on ALVERNE BUILDINGS is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Stanford Terrace | |
| Oct 2024 | Anti-social behaviour | On or near Stanford Terrace | |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Stanford Terrace |
| Aug 2024 | Other theft | Under investigation | On or near Penalverne Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penalverne Place |