£517,503
This estimated value is based upon the latest sale price for the house of £416,500 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £416,500 | 10 Jul 2019 |
| £172,000 | 24 Jul 2002 |
| £89,950 | 18 Jul 1997 |
| 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 2019 the House Price Index for CORNWALL was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £416,500 results in an estimated price of approximately £517,503.
| 10 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £416,500 | £101,003 | £517,503 |
The Postcode Pricing Model uses changes in average sales price within the TR4 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 | -3.344 % | £-13,927 | £402,572 |
| 3 Month Average | 34.601 % | £144,113 | £560,613 |
| 6 Month Average | 32.569 % | £135,651 | £552,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £61,563 | £60,000 | UNIT 3C UNITED DOWNS INDUSTRIAL PARK |
| 9 Oct 2023 | £355,576 | £347,500 | THE BARN PULLA CROSS |
| 1 Sep 2022 | £379,746 | £380,000 | GREENFIELDS SUNNY CORNER |
| 26 Aug 2022 | £311,456 | £310,000 | KELDORMAI CUSGARNE MANOR SUNNY CORNER |
| 30 Jun 2022 | £490,485 | £480,000 | GLENDALE TREHADDLE |