£223,956
This estimated value is based upon the latest sale price for the house of £207,500 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £207,500 | 3 Dec 2021 |
| £153,500 | 21 Dec 2017 |
| £142,000 | 16 Dec 2016 |
| £115,000 | 10 Jan 2013 |
| £110,000 | 26 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 853 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 December 2021 the House Price Index for CORNWALL was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £207,500 results in an estimated price of approximately £223,956.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £207,500 | £16,456 | £223,956 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 8.422 % | £17,475 | £224,975 |
| 3 Month Average | 9.190 % | £19,068 | £226,568 |
| 6 Month Average | 15.507 % | £32,178 | £239,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £730,000 | £730,000 | 6 ESPLANADE ROAD |
| 10 Apr 2024 | £433,767 | £430,000 | APARTMENT 4 OCEAN GATE, 1 ESPLANADE ROAD |
| 11 Mar 2024 | £652,525 | £642,500 | 8 LIGHTHOUSE, 4 PENTIRE AVENUE |
| 1 Mar 2024 | £1,371,065 | £1,350,000 | APARTMENT 9 TIDELINES, 2 PENTIRE AVENUE |
| 17 Nov 2023 | £487,371 | £475,000 | FLAT 3 PORTH ENODOC, 4 ESPLANADE ROAD |
This house has a floor area of 79 sq meters or 853 sq feet when measured on 12 Jul 2011. Using an estimated price of £223,956 means this house is valued at £2,825 per sq meter (£262 per sq foot).
The average size of a house on ESPLANADE ROAD is 105 sq meters (1,139 sq feet).