£418,915
This estimated value is based upon the latest sale price for the house of £365,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £365,000 | 18 Dec 2020 |
| £267,500 | 11 Mar 2014 |
| £250,000 | 2 Dec 2005 |
| £58,000 | 14 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 December 2020 the House Price Index for CORNWALL was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £365,000 results in an estimated price of approximately £418,915.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £365,000 | £53,915 | £418,915 |
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 | -11.332 % | £-41,363 | £323,636 |
| 3 Month Average | -18.120 % | £-66,137 | £298,862 |
| 6 Month Average | 5.858 % | £21,380 | £386,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £711,705 | £705,000 | 3 ALVERTON GARDENS |
| 13 Feb 2023 | £874,412 | £875,000 | WOODLAND COTTAGE MITCHELL HILL |
| 30 Jan 2023 | £338,406 | £340,000 | 4 ALVERTON COURT |
| 5 Jan 2023 | £298,593 | £300,000 | 8 ALVERTON COURT |
| 25 May 2022 | £351,626 | £345,000 | 8 MITCHELL HILL TERRACE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 17 Jun 2020. Using an estimated price of £418,915 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on MITCHELL HILL TERRACE is 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Jan 2024 | Anti-social behaviour | On or near The Avenue | |
| Jan 2024 | Anti-social behaviour | On or near The Avenue |