£505,534
This estimated value is based upon the latest sale price for the house of £490,000 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£490,000 | 18 Dec 2023 |
£372,500 | 22 Aug 2016 |
Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 2023 the House Price Index for CORNWALL was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £490,000 results in an estimated price of approximately £505,534.
18 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £490,000 | £15,534 | £505,534 |
The Postcode Pricing Model uses changes in average sales price within the EX23 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 | 5.393 % | £26,424 | £516,424 |
3 Month Average | 0.992 % | £4,859 | £494,859 |
6 Month Average | -6.198 % | £-30,368 | £459,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £309,759 | £305,000 | 7 POMARINE CLOSE |
18 Dec 2023 | £505,534 | £490,000 | 2 TERN GROVE |
21 Nov 2023 | £318,074 | £310,000 | 15 SANDPIPER ROAD |
21 Feb 2023 | £15,101 | £15,000 | 2 BINHAMY CREST CLEAVELANDS |
1 Aug 2022 | £492,302 | £490,000 | 10 SANDERLING CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 14 Nov 2013. Using an estimated price of £505,534 means this house is valued at £3,415 per sq meter (£317 per sq foot).
The average size of a house on TERN GROVE is 159 sq meters (1,711 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Puffin Close |
Jul 2024 | Drugs | Under investigation | On or near Puffin Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chough Close |
Jul 2024 | Anti-social behaviour | On or near Chough Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chough Close |