£366,940
This estimated value is based upon the latest sale price for the house of £342,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £342,000 | 25 Jun 2021 |
| £218,000 | 4 Dec 2009 |
| £181,100 | 20 Dec 2007 |
| £60,000 | 25 Oct 2000 |
| 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 June 2021 the House Price Index for CORNWALL was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £342,000 results in an estimated price of approximately £366,940.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £342,000 | £24,940 | £366,940 |
The Postcode Pricing Model uses changes in average sales price within the TR4 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 | -24.312 % | £-83,148 | £258,851 |
| 3 Month Average | -19.130 % | £-65,426 | £276,573 |
| 6 Month Average | -12.039 % | £-41,174 | £300,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £227,914 | £225,000 | 2 WOODSIDE COTTAGES FALMOUTH ROAD |
| 11 Aug 2023 | £267,339 | £265,000 | 1 CHAPEL COURT |
| 30 Jun 2023 | £389,721 | £385,000 | 2 ESTRELLA PLACE |
| 30 Jun 2023 | £328,985 | £325,000 | APPLETREE HOUSE THE TERRACE |
| 13 Feb 2023 | £449,697 | £450,000 | 8 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Further investigation is not in the public interest | On or near The Terrace |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near The Terrace |
| Jan 2024 | Anti-social behaviour | On or near The Terrace | |
| Jan 2024 | Anti-social behaviour | On or near The Terrace | |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near The Terrace |