£509,973
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £385,000 | 28 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2016 the House Price Index for CORNWALL was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £385,000 results in an estimated price of approximately £509,973.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £385,000 | £124,973 | £509,973 |
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 | 29.715 % | £114,403 | £499,403 |
| 3 Month Average | 47.900 % | £184,415 | £569,415 |
| 6 Month Average | 40.217 % | £154,835 | £539,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 31 Jan 2023 | £209,015 | £210,000 | FLAT 14 EAST STREET |
| 15 Jun 2022 | £481,809 | £475,000 | 14 TREBARWITH CRESCENT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Aug 2016. Using an estimated price of £509,973 means this house is valued at £4,473 per sq meter (£415 per sq foot).
The average size of a house on ISLAND CRESCENT is 244 sq meters (2,628 sq feet).
This house is the smallest in the street with a floor area of 114 sq meters (1,227 sq feet).