£662,719
This estimated value is based upon the latest sale price for the house of £615,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £615,000 | 27 Sep 2021 |
| £406,000 | 5 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 September 2021 the House Price Index for CORNWALL was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £615,000 results in an estimated price of approximately £662,719.
| 27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £615,000 | £47,719 | £662,719 |
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 | 28.994 % | £178,313 | £793,313 |
| 3 Month Average | 10.417 % | £64,062 | £679,062 |
| 6 Month Average | -1.589 % | £-9,773 | £605,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £417,301 | £410,000 | 2 PARADE PASSAGE |
| 19 Apr 2023 | £277,993 | £275,000 | 6 PARADE PASSAGE |
| 17 Apr 2023 | £566,095 | £560,000 | 24 MORRAB ROAD |
| 1 Mar 2023 | £706,658 | £700,000 | 3 SOUTH PARADE |
| 31 Jan 2022 | £415,701 | £395,000 | 4 MORRAB PLACE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 20 Jul 2021. Using an estimated price of £662,719 means this house is valued at £3,661 per sq meter (£340 per sq foot).
The average size of a house on MORRAB TERRACE is 291 sq meters (3,132 sq feet).
This house is the smallest in the street with a floor area of 181 sq meters (1,948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morrab Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parade Street |
| Mar 2024 | Anti-social behaviour | On or near Parade Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parade Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parade Street |