£278,200
This estimated value is based upon the latest sale price for the house of £49,000 on 23 Feb 1996. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £49,000 | 23 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 750 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 February 1996 the House Price Index for CORNWALL was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £49,000 results in an estimated price of approximately £278,200.
| 23 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £49,000 | £229,200 | £278,200 |
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 | 552.790 % | £270,867 | £319,867 |
| 3 Month Average | 508.430 % | £249,130 | £298,130 |
| 6 Month Average | 539.567 % | £264,387 | £313,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £355,937 | £345,000 | 1 PIT MEADOW |
| 1 Nov 2023 | £325,256 | £317,000 | 12 CHURCH WAY |
| 1 Nov 2023 | £374,506 | £365,000 | 88 MONGLEATH ROAD |
| 3 Mar 2023 | £376,284 | £370,000 | 21 CHURCH WAY |
| 24 Feb 2023 | £478,194 | £475,000 | 59 CHURCH WAY |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 2 Feb 2012. Using an estimated price of £278,200 means this house is valued at £3,987 per sq meter (£370 per sq foot).
The average size of a house on MONGLEATH ROAD is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pit Meadow |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Pit Meadow |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pit Meadow |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pit Meadow |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield |