£257,925
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Dec 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Dec 2023 |
| 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 December 2023 the House Price Index for CORNWALL was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £250,000 results in an estimated price of approximately £257,925.
| 4 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £250,000 | £7,925 | £257,925 |
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 | 28.095 % | £70,236 | £320,236 |
| 3 Month Average | 11.941 % | £29,853 | £279,853 |
| 6 Month Average | 2.092 % | £5,230 | £255,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £257,926 | £250,000 | ISLAND STORE GWAVAS QUAY THE FRADGAN |
| 26 Sep 2023 | £336,927 | £329,500 | 30 THE FRADGAN |
| 28 Jul 2022 | £105,328 | £104,273 | 5 WESLEY PLACE |
| 22 Jul 2022 | £227,277 | £225,000 | 7 JACK LANE |
| 17 Jun 2022 | £183,932 | £180,000 | 5 JACK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Gwavas Quay | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farmers Meadow |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foundry Lane |
| Oct 2024 | Possession of weapons | Under investigation | On or near Foundry Lane |
| Aug 2024 | Bicycle theft | Awaiting court outcome | On or near Foundry Lane |