CATHEDRAL COMPOUND UNIT 5 HERON WAY

£278,667

Full Address

CATHEDRAL COMPOUND UNIT 5 HERON WAY
NEWHAM
TRURO
CORNWALL
UNITED KINGDOM
TR1 2XN

Estimated Market Value

£278,667

This estimated value is based upon the latest sale price for the house of £250,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1

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Transactions for this house
Price PaidDate
£250,0001 Oct 2021
House Details
Freehold

House Price Models

Land Registry House Price Index Model

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 October 2021 the House Price Index for CORNWALL was 134.3.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.

Applying this 11.467% change to the original purchase price of £250,000 results in an estimated price of approximately £278,667.

1 Oct 2021 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
134.3 149.7 11.467 % £250,000 £28,667 £278,667

The Postcode Pricing Model uses changes in average sales price within the TR1 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 7.083 % £17,706 £267,706
3 Month Average -2.153 % £-5,382 £244,617
6 Month Average -5.552 % £-13,880 £236,119
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
22 Mar 2023 £635,615 £625,000 3 TRENNICK ROW
1 Mar 2023 £472,897 £465,000 RIVERSIDE NEWHAM ROAD
20 Jan 2023 £9,144,433 £9,120,000 HIGHER NEWHAM FARM HIGHER NEWHAM LANE
1 Nov 2022 £664,393 £667,500 VIVIAN HOUSE NEWHAM ROAD
8 Aug 2022 £214,001 £213,000 4 POLRUAN ROAD

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jul 2024 Vehicle crime Under investigation On or near Lighterage Hill
Jul 2024 Other theft Unable to prosecute suspect On or near Lighterage Hill
Jul 2024 Vehicle crime Unable to prosecute suspect On or near Lighterage Hill
Jul 2024 Vehicle crime Under investigation On or near Lighterage Hill
May 2024 Other crime Under investigation On or near Lighterage Hill

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Companies Near Here
REVOLUTION-ZERO GROUP LTD
Unit 3 Morses Yard Heron Way Newham Truro Cornwall England TR1 2XN
J W WEALTH MANAGEMENT LIMITED
S2 Meridian House Heron Way Newham Truro United Kingdom TR1 2XN
VOLUNTEER CORNWALL
Acorn House Heron Way Newham Truro England TR1 2XN
HEALTHCARE DESIGN LEADERSHIP CIC
St. Piran House Truro Technology Park, Heron Way Newham Truro Cornwall England TR1 2XN
BIRCH TREE MARINE OUTFITTERS LIMITED
F1 Meridian House Heron Way Newham Truro Cornwall United Kingdom TR1 2XN

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People Near Here
MR LEIGH RAYMOND IBBOTSON COMPANY DIRECTOR
5 RIVERSIDE HOUSE HERON WAY, NEWHAM, TR1 2XN
Cher Varya Development Limited
Unit 5 Heron Way, Newham, TR1 2XN
MRS BIRCAN HARPER COMPANY DIRECTOR
BLUE WING HOUSE HERON WAY, NEWHAM, TR1 2XN

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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