£395,809
This estimated value is based upon the latest sale price for the house of £320,000 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £320,000 | 23 Aug 2018 |
| £230,000 | 22 Jun 2012 |
| £250,000 | 5 Sep 2008 |
| £178,000 | 12 Mar 2008 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 630 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 2018 the House Price Index for CORNWALL was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £320,000 results in an estimated price of approximately £395,809.
| 23 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £320,000 | £75,809 | £395,809 |
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 | 105.447 % | £337,430 | £657,430 |
| 3 Month Average | 23.654 % | £75,693 | £395,693 |
| 6 Month Average | 24.777 % | £79,287 | £399,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £325,699 | £320,000 | 4 RALEIGH PLACE |
| 29 Nov 2023 | £373,530 | £368,000 | 9 CLIFTON CRESCENT |
| 24 Nov 2023 | £289,283 | £285,000 | 5 RALEIGH PLACE |
| 27 Apr 2023 | £321,461 | £318,000 | 7 RALEIGH PLACE |
| 20 Feb 2023 | £334,775 | £335,000 | 21 CLIFTON TERRACE |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 6 Feb 2012. Using an estimated price of £395,809 means this house is valued at £6,754 per sq meter (£627 per sq foot).
The average size of a house on PARK HILL is 115 sq meters (1,248 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (630 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Mar 2024 | Drugs | Under investigation | On or near Clifton Place |
| Feb 2024 | Public order | Court result unavailable | On or near Clifton Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifton Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifton Place |