£230,343
This estimated value is based upon the latest sale price for the house of £183,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £183,000 | 16 Feb 2018 |
| £124,950 | 2 Dec 2002 |
| £59,000 | 5 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2018 the House Price Index for CORNWALL was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £183,000 results in an estimated price of approximately £230,343.
| 16 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £183,000 | £47,343 | £230,343 |
The Postcode Pricing Model uses changes in average sales price within the PL14 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 | 5.392 % | £9,866 | £192,866 |
| 3 Month Average | 39.414 % | £72,126 | £255,126 |
| 6 Month Average | 27.283 % | £49,927 | £232,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £247,609 | £240,000 | 4 HAZELMEAD |
| 13 Oct 2023 | £155,788 | £152,250 | 10 LANCHARD GREEN |
| 17 Mar 2023 | £200,854 | £197,500 | 40 LANCHARD ROAD |
| 7 Feb 2023 | £312,085 | £310,000 | 8 BEECH AVENUE |
| 11 Nov 2022 | £157,265 | £158,000 | 23 LANCHARD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 24 Nov 2016. Using an estimated price of £230,344 means this house is valued at £2,503 per sq meter (£232 per sq foot).
The average size of a house on MEADOW PARK is 153 sq meters (1,649 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Further investigation is not in the public interest | On or near Lawry Close |
| May 2024 | Anti-social behaviour | On or near Lawry Close | |
| May 2024 | Anti-social behaviour | On or near Lawry Close | |
| May 2024 | Anti-social behaviour | On or near Lawry Close | |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Jeanne Rees Court |