£484,397
This estimated value is based upon the latest sale price for the house of £395,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £395,000 | 11 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2019 the House Price Index for CORNWALL was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £395,000 results in an estimated price of approximately £484,397.
| 11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £395,000 | £89,397 | £484,397 |
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 | 49.234 % | £194,472 | £589,472 |
| 3 Month Average | 15.635 % | £61,757 | £456,757 |
| 6 Month Average | 21.903 % | £86,515 | £481,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £999,802 | £985,000 | 5 MORESK GARDENS |
| 23 Aug 2023 | £559,898 | £555,000 | 81 MORESK ROAD |
| 19 Jul 2023 | £380,116 | £375,000 | 93 MORESK ROAD |
| 24 Jan 2023 | £200,058 | £201,000 | 21 ELM COURT |
| 19 Apr 2022 | £149,321 | £145,000 | FLAT 4 BENSON HOUSE MORESK ROAD |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 9 May 2019. Using an estimated price of £484,398 means this house is valued at £3,272 per sq meter (£304 per sq foot).
The average size of a house on MORESK ROAD is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Treseder'S Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Treseder'S Gardens |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hunkin Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hunkin Close |
| Feb 2024 | Anti-social behaviour | On or near Hunkin Close |