£658,457
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Oct 1996. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £120,000 | 11 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 October 1996 the House Price Index for CORNWALL was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £120,000 results in an estimated price of approximately £658,457.
| 11 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £120,000 | £538,457 | £658,457 |
The Postcode Pricing Model uses changes in average sales price within the PL31 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 | 1237.522 % | £1,485,026 | £1,605,026 |
| 3 Month Average | 629.508 % | £755,409 | £875,409 |
| 6 Month Average | 459.510 % | £551,412 | £671,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £300,253 | £295,000 | 7 FAIRING CLOSE |
| 15 Sep 2022 | £148,798 | £150,000 | 6 REMEMBRANCE HOUSE GREENVALLEY ROAD |
| 2 Aug 2022 | £299,195 | £300,000 | 2 GEDON WAY |
| 29 Jul 2022 | £355,958 | £355,000 | 2 FAIRING CLOSE |
| 25 May 2022 | £387,298 | £380,000 | 6 NANTERROW DRIVE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 8 Feb 2019. Using an estimated price of £658,458 means this house is valued at £3,762 per sq meter (£349 per sq foot).
There is one other house on the street which we know the size of, this is WAGMUGGLE STONEY LANE it is 84.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairing Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mead Gardens |
| Dec 2023 | Drugs | Under investigation | On or near Nanterrow Drive |
| Mar 2024 | Anti-social behaviour | On or near Negus Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Negus Gardens |