£316,409
This estimated value is based upon the latest sale price for the house of £90,000 on 15 Jan 2001. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £90,000 | 15 Jan 2001 |
| £69,950 | 10 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2001 the House Price Index for CORNWALL was 41.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 251.567%.Applying this 251.567% change to the original purchase price of £90,000 results in an estimated price of approximately £316,409.
| 15 Jan 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 146.7 | 251.567 % | £90,000 | £226,409 | £316,409 |
The Postcode Pricing Model uses changes in average sales price within the TR27 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 | 482.977 % | £434,679 | £524,679 |
| 3 Month Average | 383.700 % | £345,330 | £435,330 |
| 6 Month Average | 424.443 % | £381,998 | £471,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £182,456 | £180,000 | FLAT 1 37 PROSPECT PLACE |
| 5 Jul 2023 | £304,042 | £299,950 | 63 MADISON CLOSE |
| 26 Jan 2023 | £253,804 | £255,000 | 32 PROSPECT PLACE |
| 28 Jan 2022 | £273,626 | £260,000 | 1 COPPER HILL |
| 15 May 2020 | £253,198 | £207,000 | 8 MADISON CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Jul 2013.
The average size of a house on DRACAENA AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Prospect Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Jan 2024 | Anti-social behaviour | On or near Polvelyn Parc | |
| Jan 2024 | Anti-social behaviour | On or near Polvelyn Parc | |
| Dec 2023 | Criminal damage and arson | Further investigation is not in the public interest | On or near Petrol Station |