£278,371
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £275,000 | 9 Jun 2023 |
| £210,000 | 1 Sep 2008 |
| £46,500 | 30 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2023 the House Price Index for CORNWALL was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £275,000 results in an estimated price of approximately £278,371.
| 9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £275,000 | £3,371 | £278,371 |
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 | 57.992 % | £159,477 | £434,477 |
| 3 Month Average | 16.328 % | £44,901 | £319,901 |
| 6 Month Average | 0.216 % | £593 | £275,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £278,372 | £275,000 | 5 FAIRMANTLE STREET |
| 1 Jun 2023 | £242,943 | £240,000 | 40 CARCLEW STREET |
| 14 Feb 2023 | £269,818 | £270,000 | 18 CARCLEW STREET |
| 10 Feb 2023 | £224,849 | £225,000 | 58 FAIRMANTLE STREET |
| 23 Jan 2023 | £189,109 | £190,000 | 31 CARCLEW STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Jul 2017. Using an estimated price of £278,372 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on FAIRMANTLE STREET is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Place |
| Jan 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Chapel Place |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lemon Street |
| Mar 2024 | Public order | Awaiting court outcome | On or near Fairmantle Street |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fairmantle Street |