£844,210
This estimated value is based upon the latest sale price for the house of £625,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £625,000 | 30 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 March 2016 the House Price Index for CORNWALL was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £625,000 results in an estimated price of approximately £844,210.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £625,000 | £219,210 | £844,210 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 28.808 % | £180,053 | £805,053 |
| 3 Month Average | 42.249 % | £264,056 | £889,056 |
| 6 Month Average | 37.232 % | £232,698 | £857,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £157,329 | £155,000 | 37 PENHAVEN COURT |
| 22 Sep 2023 | £10,130 | £10,000 | 15C EAST STREET |
| 26 Jun 2023 | £131,594 | £130,000 | LOWIN HOUSE, 15 EAST STREET |
| 20 Jun 2023 | £111,349 | £110,000 | 22 PENHAVEN COURT |
| 15 Jun 2022 | £481,809 | £475,000 | 14 TREBARWITH CRESCENT |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 22 Mar 2016. Using an estimated price of £844,211 means this house is valued at £3,963 per sq meter (£368 per sq foot).
The average size of a house on ISLAND CRESCENT is 244 sq meters (2,628 sq feet).