£295,334
This estimated value is based upon the latest sale price for the house of £285,000 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£285,000 | 24 Mar 2022 |
£247,000 | 8 Jan 2021 |
Freehold |
Floor Area: 72 sq meters or 775 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 2022 the House Price Index for CORNWALL was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £285,000 results in an estimated price of approximately £295,334.
24 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £285,000 | £10,334 | £295,334 |
The Postcode Pricing Model uses changes in average sales price within the TR1 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 | -7.057 % | £-20,111 | £264,888 |
3 Month Average | -16.207 % | £-46,190 | £238,809 |
6 Month Average | 16.486 % | £46,984 | £331,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £242,592 | £239,000 | 3 GWARAK TEWDAR |
1 Nov 2023 | £248,682 | £245,000 | 53 GWARAK AN WARAK |
4 Sep 2023 | £374,792 | £370,000 | 6 GWARAK TEWDAR |
23 Jan 2023 | £413,054 | £415,000 | 34 GWARAK AN WARAK |
13 Jul 2022 | £340,918 | £340,000 | 47 FORDH TALGARREK |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Dec 2020. Using an estimated price of £295,335 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on GWEL KE is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Local resolution | On or near Garth Glasneth |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Garth Glasneth |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fordh Talgarrek |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Gwarak An Warak |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Talgarrek Wartha |