£293,400
This estimated value is based upon the latest sale price for the house of £200,000 on 9 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £200,000 | 9 Jan 2015 |
| £155,500 | 21 Feb 2003 |
| £75,000 | 7 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £200,000 results in an estimated price of approximately £293,400.
| 9 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £200,000 | £93,400 | £293,400 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 45.281 % | £90,562 | £290,562 |
| 3 Month Average | 25.057 % | £50,113 | £250,113 |
| 6 Month Average | 30.520 % | £61,040 | £261,040 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 9 May 2015.
The average size of a house on REDRUTH CLOSE is 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Penryn Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bude Road |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Liskeard Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Liskeard Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Liskeard Road |