£357,139
This estimated value is based upon the latest sale price for the house of £295,000 on 10 Oct 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £295,000 | 10 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £295,000 results in an estimated price of approximately £357,139.
| 10 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £295,000 | £62,139 | £357,139 |
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 | 128.950 % | £380,402 | £675,402 |
| 3 Month Average | 25.190 % | £74,310 | £369,310 |
| 6 Month Average | 20.733 % | £61,163 | £356,163 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 28 May 2021.
The average size of a house on MELVILL ROAD is 127 sq meters (1,375 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sea View Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sea View Road |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Place | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Place |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Place |