£949,281
This estimated value is based upon the latest sale price for the house of £192,500 on 4 Dec 1997. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Commercial Road
More crime details
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| Price Paid | Date |
|---|---|
| £192,500 | 4 Dec 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for CORNWALL was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £192,500 results in an estimated price of approximately £949,281.
| 4 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £192,500 | £756,781 | £949,281 |
The Postcode Pricing Model uses changes in average sales price within the TR2 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 | 301.734 % | £580,837 | £773,337 |
| 3 Month Average | 411.255 % | £791,665 | £984,165 |
| 6 Month Average | 383.386 % | £738,018 | £930,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £636,913 | £625,000 | SEPTEMBER COTTAGE, 11 COMMERCIAL ROAD |
| 11 Apr 2023 | £738,819 | £725,000 | 12 CHAPEL TERRACE |
| 31 Jan 2023 | £906,422 | £904,000 | CHAPEL HOUSE WEST MARINE PARADE |
| 23 Aug 2022 | £592,772 | £590,000 | APARTMENT 5 PEN-EGLOS RIVIERA LANE |
| 6 May 2022 | £2,104,835 | £2,050,000 | BAY COTTAGE, 17 LOWER CASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Commercial Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Commercial Road |
| Aug 2024 | Other theft | Under investigation | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Quay |
| Aug 2024 | Anti-social behaviour | On or near The Quay |