£438,225
This estimated value is based upon the latest sale price for the house of £342,500 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £342,500 | 4 Aug 2017 |
| £320,000 | 16 Jan 2008 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2017 the House Price Index for CORNWALL was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £342,500 results in an estimated price of approximately £438,225.
| 4 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £342,500 | £95,725 | £438,225 |
The Postcode Pricing Model uses changes in average sales price within the PL34 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 | 4.380 % | £14,999 | £357,499 |
| 3 Month Average | -25.449 % | £-87,161 | £255,338 |
| 6 Month Average | -1.053 % | £-3,607 | £338,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £453,942 | £450,000 | CHYLOWEN BACK LANE |
| 4 Aug 2023 | £203,673 | £200,000 | EBREEN |
| 28 Jun 2023 | £234,703 | £230,000 | 18 WESTGROUND WAY |
| 16 Jun 2023 | £227,050 | £222,500 | 36 THE BUTTS |
| 24 Mar 2023 | £358,487 | £352,500 | 13 WESTGROUND WAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Jul 2014. Using an estimated price of £438,226 means this house is valued at £4,095 per sq meter (£380 per sq foot).
The average size of a house on BACK LANE is 131 sq meters (1,413 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laura Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Bay View |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bossiney Road |