£239,805
This estimated value is based upon the latest sale price for the house of £235,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £235,000 | 2 Jun 2023 |
| £194,995 | 24 May 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 June 2023 the House Price Index for CORNWALL was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £235,000 results in an estimated price of approximately £239,805.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £235,000 | £4,805 | £239,805 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 7.762 % | £18,241 | £253,241 |
| 3 Month Average | -0.454 % | £-1,066 | £233,933 |
| 6 Month Average | 3.427 % | £8,052 | £243,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £340,227 | £335,000 | 31 BISHOPS WAY |
| 15 Dec 2023 | £490,059 | £475,000 | RESTMORE KERGILLIACK ROAD |
| 17 Aug 2023 | £478,633 | £470,000 | 9 BICKLAND HILL |
| 30 Jun 2023 | £346,953 | £340,000 | 4 OAKLAND WALK |
| 2 Jun 2023 | £239,806 | £235,000 | FLAT 2 OAKLAND HOUSE, 8 OAKLAND WALK |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Apr 2018. Using an estimated price of £239,806 means this house is valued at £3,931 per sq meter (£365 per sq foot).
The average size of a house on OAKLAND WALK is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Kergilliack Road | |
| Jul 2024 | Anti-social behaviour | On or near Kergilliack Road | |
| Jul 2024 | Anti-social behaviour | On or near Kergilliack Road | |
| Jul 2024 | Anti-social behaviour | On or near Kergilliack Road | |
| Sep 2024 | Other crime | Under investigation | On or near Union Road |