5 PICKLE CLOSE

£621,376

Full Address

5 PICKLE CLOSE
FALMOUTH
CORNWALL
UNITED KINGDOM
TR11 5GN

Estimated Market Value

£621,376

This estimated value is based upon the latest sale price for the house of £368,500 on 1 Mar 2013. This value is then adjusted by the current Official House Price Index for CORNWALL 1

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Transactions for this house
Price PaidDate
£368,5001 Mar 2013
House Details
Detached
Freehold
Floor Area: 194 sq meters or 2,088 sq feet

House Price Models

Land Registry House Price Index Model

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 March 2013 the House Price Index for CORNWALL was 88.8.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.

Applying this 68.623% change to the original purchase price of £368,500 results in an estimated price of approximately £621,376.

1 Mar 2013 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
88.8 149.7 68.623 % £368,500 £252,876 £621,376

The Postcode Pricing Model uses changes in average sales price within the TR11 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 74.438 % £274,303 £642,803
3 Month Average 52.041 % £191,769 £560,269
6 Month Average 61.726 % £227,461 £595,961
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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