£183,028
This estimated value is based upon the latest sale price for the house of £148,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £148,000 | 12 Apr 2019 |
| £125,000 | 3 Jan 2013 |
| £35,000 | 1 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for CORNWALL was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £148,000 results in an estimated price of approximately £183,028.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £148,000 | £35,028 | £183,028 |
The Postcode Pricing Model uses changes in average sales price within the TR13 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 | 86.158 % | £127,513 | £275,513 |
| 3 Month Average | 33.864 % | £50,118 | £198,118 |
| 6 Month Average | 32.151 % | £47,582 | £195,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £213,156 | £210,000 | 12 BULWARK ROAD |
| 3 Aug 2023 | £221,942 | £220,000 | 76 GWELMENETH ALBION ROAD |
| 18 Jul 2023 | £187,524 | £185,000 | 63 GWELMENETH ALBION ROAD |
| 8 Jul 2022 | £373,505 | £372,500 | 8 CASTEL WARY CLOSE |
| 5 Nov 2021 | £324,454 | £300,000 | 15 CASTEL WARY CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Jul 2012. Using an estimated price of £183,029 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on ALBION ROAD is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gwelmeneth | |
| Mar 2024 | Anti-social behaviour | On or near Gwelmeneth | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gwelmeneth |
| Feb 2024 | Public order | Under investigation | On or near Bulwark Road |
| Feb 2024 | Burglary | Under investigation | On or near Bulwark Road |