£286,898
This estimated value is based upon the latest sale price for the house of £215,000 on 25 Oct 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £215,000 | 25 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 October 2016 the House Price Index for CORNWALL was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £215,000 results in an estimated price of approximately £286,898.
| 25 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £215,000 | £71,898 | £286,898 |
The Postcode Pricing Model uses changes in average sales price within the TR15 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 | 49.716 % | £106,888 | £321,888 |
| 3 Month Average | 33.525 % | £72,079 | £287,079 |
| 6 Month Average | 29.409 % | £63,228 | £278,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £342,551 | £335,000 | 47 TOWN FARM |
| 1 Aug 2023 | £229,133 | £225,000 | 46 TOWN FARM |
| 15 Jun 2023 | £321,442 | £315,000 | 2 REDVERS HEIGHTS |
| 21 Apr 2023 | £195,660 | £192,000 | 6 TOWN FARM |
| 2 Feb 2022 | £221,856 | £210,000 | 81 FALMOUTH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 May 2016. Using an estimated price of £286,898 means this house is valued at £4,482 per sq meter (£416 per sq foot).
The average size of a house on TOWN FARM is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Farm |
| Aug 2024 | Anti-social behaviour | On or near B3297 | |
| Aug 2024 | Anti-social behaviour | On or near B3297 | |
| Aug 2024 | Anti-social behaviour | On or near B3297 | |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near B3297 |