£303,947
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Dec 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £240,000 | 14 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2017 the House Price Index for CORNWALL was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £240,000 results in an estimated price of approximately £303,947.
| 14 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £240,000 | £63,947 | £303,947 |
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 | 31.302 % | £75,125 | £315,125 |
| 3 Month Average | 45.606 % | £109,454 | £349,454 |
| 6 Month Average | 40.917 % | £98,200 | £338,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £211,840 | £210,000 | 9 REDINNICK PLACE |
| 30 Oct 2023 | £296,740 | £290,000 | 3 REDINNICK PLACE |
| 29 Sep 2023 | £291,424 | £285,000 | 15 REDINNICK TERRACE |
| 16 Aug 2023 | £407,347 | £400,000 | 16 PENLEE MANOR DRIVE |
| 3 Mar 2023 | £162,717 | £160,000 | FLAT 4 1 BELMONT VILLAS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Apr 2017. Using an estimated price of £303,947 means this house is valued at £3,493 per sq meter (£324 per sq foot).
The average size of a house on REDINNICK GARDENS is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Bay View Terrace | |
| 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 |