£516,605
This estimated value is based upon the latest sale price for the house of £510,000 on 7 Sep 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £510,000 | 7 Sep 2023 |
| Semi-Detached |
| Freehold |
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 September 2023 the House Price Index for CORNWALL was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £510,000 results in an estimated price of approximately £516,605.
| 7 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £510,000 | £6,605 | £516,605 |
The Postcode Pricing Model uses changes in average sales price within the TR20 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 | 67.498 % | £344,239 | £854,239 |
| 3 Month Average | 37.110 % | £189,261 | £699,261 |
| 6 Month Average | -0.746 % | £-3,806 | £506,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £671,753 | £660,000 | SOWENNA RED LANE |
| 7 Sep 2023 | £516,605 | £510,000 | ERNIE COTTAGE RED LANE |
| 30 Jun 2023 | £368,969 | £364,500 | 3 HEATHER WAY |
| 30 Jun 2023 | £402,374 | £397,500 | TREVARRACK COTTAGE |
| 21 Apr 2023 | £225,427 | £223,000 | LITTLE GROVE GROVE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Awaiting court outcome | On or near Packet Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trevean Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Lane |
| Feb 2024 | Possession of weapons | Under investigation | On or near Chapel Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Avenue |