£162,938
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Aug 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Aug 2023 |
| £122,000 | 28 Nov 2014 |
| £122,500 | 17 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 34 sq meters or 365 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 August 2023 the House Price Index for CORNWALL was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £160,000 results in an estimated price of approximately £162,938.
| 21 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £160,000 | £2,938 | £162,938 |
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 | -6.218 % | £-9,948 | £150,051 |
| 3 Month Average | 5.903 % | £9,444 | £169,444 |
| 6 Month Average | 0.185 % | £296 | £160,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £310,000 | £310,000 | 8 GILLY FIELDS |
| 29 Aug 2023 | £137,480 | £135,000 | APARTMENT 6 NANSCOTHAN TRERUFFE HILL |
| 21 Aug 2023 | £162,939 | £160,000 | 70 FALMOUTH ROAD |
| 6 Apr 2023 | £171,202 | £168,000 | 110 FALMOUTH ROAD |
| 24 Mar 2023 | £122,038 | £120,000 | FLAT 1 31 FALMOUTH ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 4 Sep 2014. Using an estimated price of £162,939 means this house is valued at £4,792 per sq meter (£445 per sq foot).
The average size of a house on FALMOUTH ROAD is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Sparnon Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sparnon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sparnon Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sparnon Close |
| Jul 2024 | Anti-social behaviour | On or near Sparnon Close |