£554,818
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Apr 2024. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £550,000 | 12 Apr 2024 |
| £300,000 | 3 Oct 2018 |
| £90,000 | 30 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2024 the House Price Index for CORNWALL was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £550,000 results in an estimated price of approximately £554,818.
| 12 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £550,000 | £4,818 | £554,818 |
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 | -3.174 % | £-17,459 | £532,540 |
| 3 Month Average | -15.642 % | £-86,028 | £463,971 |
| 6 Month Average | -1.533 % | £-8,431 | £541,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £554,818 | £550,000 | 5 CORNWALL TERRACE |
| 5 Mar 2024 | £324,993 | £320,000 | 7 SOUTH PLACE FOLLY |
| 16 Aug 2023 | £407,347 | £400,000 | 16 PENLEE MANOR DRIVE |
| 28 Apr 2023 | £591,055 | £580,000 | 51 MORRAB ROAD |
| 27 Jan 2023 | £436,165 | £435,000 | 6 REDINNICK GARDENS |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 26 Apr 2017. Using an estimated price of £554,818 means this house is valued at £5,386 per sq meter (£500 per sq foot).
The average size of a house on CORNWALL TERRACE is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cornwall Terrace |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Terrace |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwall Terrace |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Penlee Manor Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Penlee Manor Drive |