£306,035
This estimated value is based upon the latest sale price for the house of £242,500 on 30 Oct 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£242,500 | 30 Oct 2017 |
£67,950 | 17 Oct 1997 |
Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 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 2017 the House Price Index for CORNWALL was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £242,500 results in an estimated price of approximately £306,035.
30 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £242,500 | £63,535 | £306,035 |
The Postcode Pricing Model uses changes in average sales price within the TR9 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 | 100.608 % | £243,974 | £486,474 |
3 Month Average | 48.866 % | £118,499 | £360,999 |
6 Month Average | 11.400 % | £27,644 | £270,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £450,000 | £450,000 | 16 HILL CREST CLOSE |
15 Sep 2023 | £217,785 | £215,000 | 51 FAIR STREET |
4 Apr 2023 | £151,633 | £150,000 | 1A FAIR STREET |
30 Jan 2023 | £368,265 | £370,000 | 15A STATION ROAD |
12 Aug 2022 | £254,315 | £255,000 | 1 BISHOPS COURT STATION ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 10 Jul 2017. Using an estimated price of £306,035 means this house is valued at £2,283 per sq meter (£212 per sq foot).
The average size of a house on RACHELS WAY is 200 sq meters (2,158 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Bishops Court |
Mar 2024 | Possession of weapons | Under investigation | On or near Bishops Court |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bishops Court |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Feb 2024 | Anti-social behaviour | On or near South Park |