£196,794
This estimated value is based upon the latest sale price for the house of £173,000 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £173,000 | 30 Apr 2021 |
| £162,000 | 19 Sep 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2021 the House Price Index for CORNWALL was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £173,000 results in an estimated price of approximately £196,794.
| 30 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £173,000 | £23,794 | £196,794 |
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 | -10.926 % | £-18,901 | £154,098 |
| 3 Month Average | -11.517 % | £-19,924 | £153,075 |
| 6 Month Average | -1.017 % | £-1,759 | £171,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £415,000 | £415,000 | 28 VERNON PLACE |
| 1 Mar 2024 | £253,901 | £250,000 | THE OLD CHAPEL CHAPEL TERRACE |
| 28 Nov 2023 | £743,883 | £725,000 | BOSWYNN SMITHICK HILL |
| 3 Nov 2023 | £274,467 | £267,500 | 2 MULBERRY COURT MARKET STRAND |
| 8 Sep 2023 | £337,439 | £330,000 | 29 VERNON PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Jun 2012. Using an estimated price of £196,794 means this house is valued at £3,578 per sq meter (£332 per sq foot).
The average size of a house on SMITHICK HILL is 61 sq meters (659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Market Strand | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Market Strand |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Market Strand |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Market Strand |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Market Strand |