£170,069
This estimated value is based upon the latest sale price for the house of £110,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £110,000 | 2 May 2014 |
| £95,000 | 26 Mar 2013 |
| £65,000 | 24 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 805 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 May 2014 the House Price Index for CORNWALL was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £110,000 results in an estimated price of approximately £170,069.
| 2 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £110,000 | £60,069 | £170,069 |
The Postcode Pricing Model uses changes in average sales price within the PL25 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 | 47.652 % | £52,416 | £162,416 |
| 3 Month Average | 37.271 % | £40,997 | £150,997 |
| 6 Month Average | 47.914 % | £52,705 | £162,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £335,877 | £330,000 | 152 PHERNYSSICK ROAD |
| 30 Aug 2023 | £351,475 | £348,400 | 38 MORCOM CLOSE |
| 14 Mar 2023 | £368,471 | £365,000 | 18 GWEL AN MOR |
| 21 Oct 2022 | £277,017 | £280,000 | 35 MENEAR ROAD |
| 9 Sep 2022 | £223,198 | £225,000 | 12 FRANKLYN CLOSE |
This house has a floor area of 74 sq meters or 805 sq feet when measured on 9 Mar 2012. Using an estimated price of £170,070 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on MORCOM CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Franklyn Close |
| Jan 2024 | Anti-social behaviour | On or near Menear Road | |
| Jan 2024 | Anti-social behaviour | On or near Menear Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Landrew Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sharaman Close |