£118,426
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £115,000 | 8 Apr 2022 |
| £96,000 | 26 Jan 2018 |
| £96,000 | 17 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 April 2022 the House Price Index for CORNWALL was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £115,000 results in an estimated price of approximately £118,426.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £115,000 | £3,426 | £118,426 |
The Postcode Pricing Model uses changes in average sales price within the TR15 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 | -21.496 % | £-24,720 | £90,279 |
| 3 Month Average | -1.214 % | £-1,396 | £113,603 |
| 6 Month Average | 10.394 % | £11,953 | £126,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £142,493 | £140,000 | FLAT 11 CHY KENSA JUBILEE DRIVE |
| 31 Jul 2023 | £134,814 | £133,000 | FLAT 21 CHY KENSA JUBILEE DRIVE |
| 24 Feb 2023 | £203,863 | £204,000 | 36 PENHALE ESTATE |
| 3 Jan 2023 | £117,447 | £118,000 | FLAT 42 CHY KENSA JUBILEE DRIVE |
| 21 Oct 2022 | £257,230 | £260,000 | THE GREEN DRUMP ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 29 Apr 2013. Using an estimated price of £118,427 means this house is valued at £2,819 per sq meter (£261 per sq foot).
The average size of a house on JUBILEE DRIVE is 58 sq meters (631 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drump Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cardrew Lane |
| Feb 2024 | Anti-social behaviour | On or near Cardrew Lane | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane Vean |
| Feb 2024 | Anti-social behaviour | On or near Cardrew Lane |