£274,641
This estimated value is based upon the latest sale price for the house of £175,050 on 31 Aug 2007. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£175,050 | 31 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 633 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 2007 the House Price Index for CORNWALL was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £175,050 results in an estimated price of approximately £274,641.
31 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £175,050 | £99,591 | £274,641 |
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 | 67.804 % | £118,691 | £293,741 |
3 Month Average | 44.559 % | £77,999 | £253,049 |
6 Month Average | 48.904 % | £85,606 | £260,656 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £267,339 | £265,000 | 7 DRACAENA PLACE |
9 Aug 2023 | £249,684 | £247,500 | FLAT 1 DRACAENA COURT DRACAENA AVENUE |
28 Apr 2023 | £389,190 | £385,000 | 3 HIGHFIELD ROAD |
5 Apr 2023 | £363,918 | £360,000 | 86 KIMBERLEY PARK ROAD |
15 Feb 2023 | £352,263 | £352,500 | 9 MAYFIELD ROAD |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 6 Oct 2011. Using an estimated price of £274,641 means this house is valued at £4,669 per sq meter (£433 per sq foot).
The average size of a house on DRACAENA AVENUE is 112 sq meters (1,210 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |