£240,193
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Oct 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £180,000 | 24 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 October 2016 the House Price Index for CORNWALL was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £180,000 results in an estimated price of approximately £240,193.
| 24 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £180,000 | £60,193 | £240,193 |
The Postcode Pricing Model uses changes in average sales price within the PL15 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 | 18.947 % | £34,105 | £214,105 |
| 3 Month Average | 8.888 % | £15,998 | £195,998 |
| 6 Month Average | 12.009 % | £21,616 | £201,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £256,511 | £250,000 | 1A RIDGEGROVE LANE |
| 25 Aug 2023 | £155,301 | £152,500 | 18 DUCHY CLOSE |
| 28 Jun 2023 | £135,720 | £133,000 | 11 HIGHER CLEAVERFIELD |
| 12 Aug 2022 | £417,452 | £415,500 | 18 DUTSON ROAD |
| 14 Jul 2022 | £144,447 | £143,000 | 1 HIGHER CLEAVERFIELD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Nov 2015. Using an estimated price of £240,194 means this house is valued at £2,309 per sq meter (£214 per sq foot).
The average size of a house on RIDGEGROVE LANE is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cleaverfield Mews | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleaverfield Mews |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cleaverfield Mews |
| May 2024 | Anti-social behaviour | On or near Cleaverfield Mews | |
| May 2024 | Anti-social behaviour | On or near Cleaverfield Mews |