£331,665
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for TORBAY 1
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| Price Paid | Date |
|---|---|
| £225,000 | 6 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for TORBAY to estimate the market value.
When this house was purchased in March 2015 the House Price Index for TORBAY was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £225,000 results in an estimated price of approximately £331,665.
| 6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £225,000 | £106,665 | £331,665 |
The Postcode Pricing Model uses changes in average sales price within the TQ2 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 | 60.876 % | £136,971 | £361,971 |
| 3 Month Average | 47.351 % | £106,538 | £331,538 |
| 6 Month Average | 39.416 % | £88,687 | £313,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £321,393 | £317,500 | 6 CORNACRE ROAD |
| 3 Mar 2023 | £454,280 | £450,000 | 5 UPPER COCKINGTON LANE |
| 24 Jun 2022 | £420,949 | £415,000 | 48 BURLEIGH ROAD |
| 25 Mar 2022 | £445,593 | £430,000 | NEWLANDS NUT BUSH LANE |
| 18 Mar 2022 | £324,350 | £313,000 | 36 COURTLAND ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Nov 2012. Using an estimated price of £331,665 means this house is valued at £4,252 per sq meter (£395 per sq foot).
The average size of a house on CORNACRE ROAD is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Cockington Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burleigh Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drake Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Frobisher Green |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Frobisher Green |