£491,361
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£295,000 | 14 Jun 2013 |
£317,000 | 9 Mar 2007 |
£215,000 | 16 Feb 2004 |
Terraced |
Freehold |
Floor Area: 204 sq meters or 2,195 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 June 2013 the House Price Index for CORNWALL was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £295,000 results in an estimated price of approximately £491,361.
14 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 148.6 | 66.563 % | £295,000 | £196,361 | £491,361 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 98.161 % | £289,575 | £584,575 |
3 Month Average | 74.038 % | £218,412 | £513,412 |
6 Month Average | 40.064 % | £118,189 | £413,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £320,000 | £320,000 | 7 SOUTH PLACE FOLLY |
16 Aug 2023 | £403,530 | £400,000 | 16 PENLEE MANOR DRIVE |
28 Apr 2023 | £586,313 | £580,000 | 51 MORRAB ROAD |
17 Apr 2023 | £566,095 | £560,000 | 24 MORRAB ROAD |
9 Nov 2022 | £360,632 | £365,000 | 11 PENLEE MANOR DRIVE |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 28 Nov 2017. Using an estimated price of £491,362 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on MORRAB ROAD is 131 sq meters (1,417 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Morrab Road | |
Feb 2024 | Anti-social behaviour | On or near Morrab Road | |
Feb 2024 | Anti-social behaviour | On or near Morrab Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morrab Place |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Place Folly |