£304,560
This estimated value is based upon the latest sale price for the house of £250,000 on 15 May 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 | 15 May 2020 |
| Detached |
| Freehold |
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 May 2020 the House Price Index for CORNWALL was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £250,000 results in an estimated price of approximately £304,560.
| 15 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £250,000 | £54,560 | £304,560 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 65.400 % | £163,498 | £413,498 |
| 3 Month Average | 48.102 % | £120,254 | £370,254 |
| 6 Month Average | 20.732 % | £51,829 | £301,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £320,000 | £320,000 | 7 SOUTH PLACE FOLLY |
| 29 Sep 2023 | £288,691 | £285,000 | 15 REDINNICK TERRACE |
| 20 Jul 2023 | £217,053 | £215,000 | 7 REDINNICK PLACE |
| 20 Jul 2023 | £111,501 | £110,000 | MORRAB NEWS MORRAB ROAD |
| 27 Jan 2023 | £431,212 | £435,000 | 6 REDINNICK GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Western Promenade Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Promenade Road |
| Apr 2024 | Other theft | Under investigation | On or near Western Promenade Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Western Promenade Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Place Folly |