£1,381,200
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Nov 2023 |
| £162,000 | 2 Feb 2007 |
| £70,000 | 28 Apr 2005 |
| £35,000 | 28 Nov 2003 |
| Terraced |
| 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 November 2023 the House Price Index for CORNWALL was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £230,000 results in an estimated price of approximately £1,381,200.
| 23 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £230,000 | £1,151,200 | £1,381,200 |
The Postcode Pricing Model uses changes in average sales price within the TR27 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 | -15.985 % | £-36,765 | £193,234 |
| 3 Month Average | -3.603 % | £-8,287 | £221,712 |
| 6 Month Average | 11.993 % | £27,584 | £257,584 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Chapel Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rodwill Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Walters Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Millbank Meadow |