£356,214
This estimated value is based upon the latest sale price for the house of £300,000 on 7 Sep 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£300,000 | 7 Sep 2020 |
£76,000 | 19 May 2000 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 September 2020 the House Price Index for CORNWALL was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £300,000 results in an estimated price of approximately £356,214.
7 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £300,000 | £56,214 | £356,214 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 15.623 % | £46,869 | £346,869 |
3 Month Average | 37.644 % | £112,931 | £412,931 |
6 Month Average | 29.725 % | £89,174 | £389,174 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £431,387 | £425,000 | GUILLEMOT, 6A HOPE TERRACE |
13 Jul 2023 | £344,638 | £340,000 | 18 FERNHILL ROAD |
28 Apr 2023 | £293,156 | £290,000 | 29 JUBILEE STREET |
21 Apr 2023 | £404,354 | £400,000 | 31 FERNHILL ROAD |
9 Feb 2023 | £529,644 | £530,000 | 82 TOWER ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 24 Nov 2015. Using an estimated price of £356,214 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on HOPE TERRACE is 135 sq meters (1,455 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hope Terrace |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Hope Terrace |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tower Road |
Jan 2024 | Anti-social behaviour | On or near Jubilee Street |