£309,160
This estimated value is based upon the latest sale price for the house of £305,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £305,000 | 28 Jul 2023 |
| £83,000 | 23 Aug 1999 |
| £45,000 | 30 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2023 the House Price Index for CORNWALL was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £305,000 results in an estimated price of approximately £309,160.
| 28 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £305,000 | £4,160 | £309,160 |
The Postcode Pricing Model uses changes in average sales price within the TR26 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 | 0.995 % | £3,035 | £308,035 |
| 3 Month Average | -8.387 % | £-25,580 | £279,419 |
| 6 Month Average | -5.962 % | £-18,182 | £286,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,545 | £369,000 | 5 ALMA TERRACE |
| 28 Jul 2023 | £309,161 | £305,000 | THE VILLA DRILLFIELD LANE |
| 28 Apr 2022 | £90,622 | £88,000 | FLAT 2 DRILLFIELD HOUSE DRILLFIELD LANE |
| 10 Dec 2021 | £285,522 | £266,500 | STEP-N-SEA 32 TRENWITH PLACE |
| 16 Oct 2020 | £404,714 | £345,000 | 18 WESLEY PLACE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 29 Sep 2016. Using an estimated price of £309,161 means this house is valued at £3,288 per sq meter (£305 per sq foot).
The average size of a house on DRILLFIELD LANE is 77 sq meters (834 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bedford Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |