£252,496
This estimated value is based upon the latest sale price for the house of £220,000 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £220,000 | 22 Dec 2020 |
| £180,000 | 4 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2020 the House Price Index for CORNWALL was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £220,000 results in an estimated price of approximately £252,496.
| 22 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £220,000 | £32,496 | £252,496 |
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 | 38.847 % | £85,464 | £305,464 |
| 3 Month Average | 39.768 % | £87,488 | £307,488 |
| 6 Month Average | 25.318 % | £55,699 | £275,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £665,000 | £665,000 | 12 NORTH PARADE |
| 18 Dec 2023 | £417,301 | £410,000 | 2 PARADE PASSAGE |
| 20 Nov 2023 | £185,243 | £182,500 | THE BAND ROOM QUEEN STREET |
| 15 Sep 2023 | £253,238 | £250,000 | 1 BUCKFIELD HEIGHTS BREAD STREET |
| 19 Apr 2023 | £277,993 | £275,000 | 6 PARADE PASSAGE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 25 Jan 2019. Using an estimated price of £252,497 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on PARADE PASSAGE is 128 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Parade Street |
| Apr 2024 | Anti-social behaviour | On or near Parade Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parade Street |
| Mar 2024 | Anti-social behaviour | On or near Parade Street | |
| Mar 2024 | Anti-social behaviour | On or near Parade Street |