£664,884
This estimated value is based upon the latest sale price for the house of £525,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £525,000 | 8 Dec 2017 |
| £325,000 | 17 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 2017 the House Price Index for CORNWALL was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £525,000 results in an estimated price of approximately £664,884.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £525,000 | £139,884 | £664,884 |
The Postcode Pricing Model uses changes in average sales price within the TR5 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 | 39.344 % | £206,557 | £731,557 |
| 3 Month Average | 58.263 % | £305,880 | £830,880 |
| 6 Month Average | 74.503 % | £391,139 | £916,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £404,180 | £395,000 | 5 BEACON FARM BEACON ROAD |
| 28 Jun 2023 | £240,826 | £236,000 | 21 DURNING ROAD |
| 12 Apr 2023 | £336,290 | £330,000 | 3 WHITWORTH CLOSE |
| 24 Feb 2023 | £382,555 | £380,000 | 1 DURNING ROAD |
| 13 Feb 2023 | £483,228 | £480,000 | 30 LAWRENCE ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 17 Oct 2019. Using an estimated price of £664,884 means this house is valued at £5,494 per sq meter (£510 per sq foot).
The average size of a house on BEACON ROAD is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Goonvrea Road |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goonvrea Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tregease Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Tregellas Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tregellas Close |