£293,270
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Oct 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2020 the House Price Index for CORNWALL was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £250,000 results in an estimated price of approximately £293,270.
| 5 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £250,000 | £43,270 | £293,270 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 24.351 % | £60,876 | £310,876 |
| 3 Month Average | 3.950 % | £9,875 | £259,875 |
| 6 Month Average | 11.617 % | £29,043 | £279,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £351,144 | £345,000 | 1 PIT MEADOW |
| 27 Apr 2023 | £260,808 | £258,000 | 84 LONGFIELD |
| 12 Aug 2022 | £274,262 | £275,000 | 61 LONGFIELD |
| 22 Jul 2022 | £325,877 | £325,000 | 32 LONGFIELD |
| 13 May 2022 | £224,225 | £220,000 | 139 LONGFIELD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Mar 2020. Using an estimated price of £293,271 means this house is valued at £4,443 per sq meter (£412 per sq foot).
The average size of a house on LONGFIELD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pit Meadow |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Empire Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Empire Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Azenor Avenue |
| Jan 2024 | Anti-social behaviour | On or near Faukener Close |