£397,880
This estimated value is based upon the latest sale price for the house of £280,000 on 16 Jul 2015. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Merryn Heights
More crime details
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| Price Paid | Date |
|---|---|
| £280,000 | 16 Jul 2015 |
| 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 July 2015 the House Price Index for CORNWALL was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £280,000 results in an estimated price of approximately £397,880.
| 16 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £280,000 | £117,880 | £397,880 |
The Postcode Pricing Model uses changes in average sales price within the PL27 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 | -73.538 % | £-205,906 | £74,093 |
| 3 Month Average | 23.513 % | £65,837 | £345,837 |
| 6 Month Average | 73.477 % | £205,736 | £485,736 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Merryn Heights |
| Mar 2024 | Other crime | Under investigation | On or near Palm Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palm Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palm Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Crescent |