£256,042
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Dec 2015. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2015 the House Price Index for CORNWALL was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £185,000 results in an estimated price of approximately £256,042.
| 8 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £185,000 | £71,042 | £256,042 |
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 | 59.815 % | £110,657 | £295,657 |
| 3 Month Average | 8.664 % | £16,028 | £201,028 |
| 6 Month Average | 26.018 % | £48,133 | £233,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £750,095 | £740,000 | 15 GWARAK RIEL |
| 10 Feb 2023 | £199,866 | £200,000 | 11 CORNUBIA CLOSE |
| 28 Oct 2022 | £695,017 | £702,500 | 11 GWARAK RIEL |
| 18 Feb 2022 | £325,095 | £310,000 | 13 STRET TEMPEL |
| 9 Sep 2021 | £307,114 | £285,000 | 22 CORNUBIA CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 Nov 2015. Using an estimated price of £256,043 means this house is valued at £3,241 per sq meter (£301 per sq foot).
The average size of a house on NEWQUAY ROAD is 110 sq meters (1,185 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Stret Rosemelin | |
| Jan 2024 | Anti-social behaviour | On or near Stret Rosemelin | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penmorvah Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penmorvah Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penmorvah Road |