£509,439
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Oct 1998. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£110,000 | 5 Oct 1998 |
£81,000 | 6 Mar 1996 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 October 1998 the House Price Index for CORNWALL was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £110,000 results in an estimated price of approximately £509,439.
5 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £110,000 | £399,439 | £509,439 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 670.529 % | £737,581 | £847,581 |
3 Month Average | 365.202 % | £401,721 | £511,721 |
6 Month Average | 383.487 % | £421,835 | £531,835 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jan 2023 | £495,665 | £498,000 | 35 MARLBOROUGH ROAD |
30 Nov 2022 | £212,427 | £215,000 | GROUND FLOOR FLAT 67 MARLBOROUGH ROAD |
28 Feb 2022 | £681,651 | £650,000 | 3 ALBANY ROAD |
19 Oct 2021 | £470,253 | £425,000 | FIRST FLOOR FLAT 1 ALBANY ROAD |
30 Sep 2021 | £334,054 | £310,000 | LOWER GROUND FLOOR FLAT 44 WOODLANE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Jan 2014. Using an estimated price of £509,439 means this house is valued at £4,673 per sq meter (£434 per sq foot).
The average size of a house on FLORENCE TERRACE is 150 sq meters (1,622 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Florence Terrace | |
Dec 2023 | Anti-social behaviour | On or near Florence Terrace | |
Feb 2024 | Anti-social behaviour | On or near Cambridge Place | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Place |
Feb 2024 | Anti-social behaviour | On or near Cambridge Place |