£122,466
This estimated value is based upon the latest sale price for the house of £90,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £90,000 | 31 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 March 2016 the House Price Index for CORNWALL was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £90,000 results in an estimated price of approximately £122,466.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £90,000 | £32,466 | £122,466 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 84.131 % | £75,718 | £165,718 |
| 3 Month Average | 51.518 % | £46,366 | £136,366 |
| 6 Month Average | 44.771 % | £40,294 | £130,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £280,000 | £280,000 | 2 PENALVERNE DRIVE |
| 14 Nov 2023 | £241,121 | £235,000 | 12 WEETHES COTTAGES |
| 30 Oct 2023 | £204,648 | £200,000 | 32 ALVERNE BUILDINGS |
| 3 Apr 2023 | £180,883 | £177,500 | 6 ALVERNE BUILDINGS |
| 30 Mar 2023 | £234,923 | £231,000 | 3 WELLINGTON TERRACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 20 Jul 2015. Using an estimated price of £122,466 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on ALVERTON TERRACE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Stanford Terrace | |
| Oct 2024 | Anti-social behaviour | On or near Stanford Terrace | |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Stanford Terrace |
| Oct 2024 | Other theft | Under investigation | On or near Trevean Gardens |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Trevean Gardens |