£531,799
This estimated value is based upon the latest sale price for the house of £525,000 on 12 Sep 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£525,000 | 12 Sep 2023 |
£295,000 | 4 Nov 2016 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 September 2023 the House Price Index for CORNWALL was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £525,000 results in an estimated price of approximately £531,799.
12 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £525,000 | £6,799 | £531,799 |
The Postcode Pricing Model uses changes in average sales price within the TR1 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 | -39.674 % | £-208,287 | £316,712 |
3 Month Average | -22.932 % | £-120,391 | £404,608 |
6 Month Average | 3.618 % | £18,991 | £543,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £531,800 | £525,000 | 1 LANDERSLEE DRIVE |
17 Jul 2023 | £334,502 | £330,000 | 4 TRESAWLS ROAD |
24 Mar 2023 | £328,091 | £325,000 | 4 LAMELLYN DRIVE |
23 Aug 2022 | £329,114 | £330,000 | 15 TRESAWLS AVENUE |
25 Apr 2022 | £308,940 | £300,000 | 8 PENWERRIS ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 26 Sep 2016. Using an estimated price of £531,800 means this house is valued at £4,706 per sq meter (£437 per sq foot).
The average size of a house on LANDERSLEE DRIVE is 137 sq meters (1,483 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Landerslee Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Landerslee Drive |
Mar 2024 | Public order | Under investigation | On or near Wayfarer Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tresawls Avenue |
Mar 2024 | Public order | Under investigation | On or near Tresawls Avenue |