£482,894
This estimated value is based upon the latest sale price for the house of £234,500 on 22 Apr 2004. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £234,500 | 22 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,099 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 April 2004 the House Price Index for CORNWALL was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £234,500 results in an estimated price of approximately £482,894.
| 22 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £234,500 | £248,394 | £482,894 |
The Postcode Pricing Model uses changes in average sales price within the PL12 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 | 76.696 % | £179,851 | £414,351 |
| 3 Month Average | 78.281 % | £183,568 | £418,068 |
| 6 Month Average | 91.782 % | £215,227 | £449,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £252,190 | £250,000 | 3 OAK APPLE CLOSE |
| 21 Dec 2023 | £358,001 | £347,000 | 4 CHESTNUT CLOSE |
| 22 Sep 2023 | £270,973 | £265,000 | 11 HARDINGS CLOSE |
| 22 Sep 2023 | £240,297 | £235,000 | 5 OAK APPLE CLOSE |
| 8 Jul 2022 | £454,555 | £450,000 | SKYLARK HOMER PARK |
This house has a floor area of 102 sq meters or 1,099 sq feet when measured on 16 Mar 2012. Using an estimated price of £482,895 means this house is valued at £4,727 per sq meter (£439 per sq foot).
The average size of a house on HOMER PARK is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Hardings Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rogers Drive |
| Aug 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Rogers Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Brook |