£422,222
This estimated value is based upon the latest sale price for the house of £268,000 on 26 Mar 2008. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £268,000 | 26 Mar 2008 |
| £195,000 | 6 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2008 the House Price Index for CORNWALL was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £268,000 results in an estimated price of approximately £422,222.
| 26 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £268,000 | £154,222 | £422,222 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 74.786 % | £200,426 | £468,426 |
| 3 Month Average | 58.926 % | £157,921 | £425,921 |
| 6 Month Average | 43.149 % | £115,639 | £383,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £430,504 | £425,000 | 5 SYDNEY ROAD |
| 28 Jul 2023 | £400,389 | £395,000 | 83A FORE STREET |
| 13 Jul 2023 | £344,638 | £340,000 | 18 FERNHILL ROAD |
| 21 Apr 2023 | £404,354 | £400,000 | 31 FERNHILL ROAD |
| 24 Mar 2023 | £428,033 | £424,000 | 32 TOWER ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 24 Jun 2020. Using an estimated price of £422,223 means this house is valued at £3,015 per sq meter (£280 per sq foot).
The average size of a house on SYDNEY ROAD is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sydney Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sydney Road |
| Jan 2024 | Possession of weapons | Formal action is not in the public interest | On or near Sydney Road |
| Mar 2024 | Anti-social behaviour | On or near Fernhill Road | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Fernhill Road |