£363,841
This estimated value is based upon the latest sale price for the house of £69,500 on 21 Mar 1997. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £69,500 | 21 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 1997 the House Price Index for CORNWALL was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £69,500 results in an estimated price of approximately £363,841.
| 21 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.513 % | £69,500 | £294,341 | £363,841 |
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 | 448.900 % | £311,985 | £381,485 |
| 3 Month Average | 393.063 % | £273,178 | £342,678 |
| 6 Month Average | 424.356 % | £294,927 | £364,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £218,231 | £215,000 | 28 FAIRFIELD CLOSE |
| 27 Jul 2023 | £263,547 | £260,000 | 37 PENMERE ROAD |
| 30 Jun 2023 | £227,759 | £225,000 | 74 PENMERE ROAD |
| 28 Apr 2023 | £224,416 | £222,000 | 36 PENMERE ROAD |
| 14 Apr 2022 | £231,705 | £225,000 | 36 DENNISON AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 10 Feb 2018. Using an estimated price of £363,841 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on MAYFIELD CLOSE is 85 sq meters (923 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dennison Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Lyndhurst Avenue |
| Mar 2024 | Possession of weapons | Under investigation | On or near Lyndhurst Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bethel Road |