£215,854
This estimated value is based upon the latest sale price for the house of £159,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£159,000 | 8 Jan 2016 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2016 the House Price Index for CORNWALL was 108.3.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 35.758%.Applying this 35.758% change to the original purchase price of £159,000 results in an estimated price of approximately £215,854.
8 Jan 2016 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 147.0 | 35.758 % | £159,000 | £56,854 | £215,854 |
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 | -27.144 % | £-43,158 | £115,841 |
3 Month Average | 24.888 % | £39,572 | £198,572 |
6 Month Average | 22.456 % | £35,704 | £194,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £256,453 | £257,500 | 2 CLAREMONT HOUSE CLAREMONT TERRACE |
4 Aug 2023 | £79,410 | £79,950 | 6 FRANCES STREET |
6 Sep 2022 | £264,600 | £270,000 | 15 CASTLE STREET |
17 May 2022 | £604,524 | £600,000 | 37 EDWARD STREET |
29 Apr 2022 | £242,285 | £238,000 | 31 EDWARD STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Dec 2014. Using an estimated price of £215,855 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on EDWARD STREET is 98 sq meters (1,063 sq feet).