£146,006
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Nov 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Nov 2016 |
| £85,000 | 12 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2016 the House Price Index for CORNWALL was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £110,000 results in an estimated price of approximately £146,006.
| 10 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £110,000 | £36,006 | £146,006 |
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 | 16.096 % | £17,705 | £127,705 |
| 3 Month Average | 23.295 % | £25,623 | £135,623 |
| 6 Month Average | 34.634 % | £38,097 | £148,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £305,510 | £300,000 | 15 GRENVILLE ROAD |
| 18 Aug 2023 | £280,051 | £275,000 | 11 PELLEW ROAD |
| 18 Aug 2023 | £188,398 | £185,000 | GROUND FLOOR FLAT 13 OLD HILL CRESCENT |
| 4 Nov 2022 | £368,278 | £370,000 | 100 DRACAENA AVENUE |
| 31 Oct 2022 | £266,859 | £267,750 | 16 OLD HILL CRESCENT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 Dec 2014. Using an estimated price of £146,006 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on DRACAENA VIEW is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Grenville Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grenville Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grenville Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grenville Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Grenville Crescent |