£298,531
This estimated value is based upon the latest sale price for the house of £275,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £275,000 | 24 Sep 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 September 2021 the House Price Index for CORNWALL was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £275,000 results in an estimated price of approximately £298,531.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £275,000 | £23,531 | £298,531 |
The Postcode Pricing Model uses changes in average sales price within the PL26 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 | -4.447 % | £-12,227 | £262,772 |
| 3 Month Average | 1.542 % | £4,240 | £279,240 |
| 6 Month Average | -11.209 % | £-30,824 | £244,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £419,528 | £410,000 | 6 HIGHER LAVORRICK |
| 29 Aug 2023 | £453,173 | £445,000 | 53 LAVORRICK ORCHARDS |
| 17 Feb 2023 | £75,504 | £75,000 | 8 SHIPBUILDER CLOSE |
| 24 May 2022 | £744,393 | £725,000 | MEADOWBANK, 65 LAVORRICK ORCHARDS |
| 12 May 2022 | £436,368 | £425,000 | 5A CHURCH LANE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 8 Apr 2021. Using an estimated price of £298,532 means this house is valued at £2,955 per sq meter (£274 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lavorrick Orchards |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Park Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bay View |
| Jul 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Prospect Place |
| Jul 2024 | Anti-social behaviour | On or near Prospect Place |