£394,752
This estimated value is based upon the latest sale price for the house of £365,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£365,000 | 5 Nov 2021 |
£298,450 | 31 Jul 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 November 2021 the House Price Index for CORNWALL was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £365,000 results in an estimated price of approximately £394,752.
5 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £365,000 | £29,752 | £394,752 |
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 | 28.295 % | £103,277 | £468,277 |
3 Month Average | 43.125 % | £157,404 | £522,404 |
6 Month Average | 5.487 % | £20,025 | £385,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £292,758 | £290,000 | 32 MOUNT'S BAY LODGE NEW TOWN LANE |
31 Jan 2023 | £483,721 | £486,000 | 51 MOUNT'S BAY LODGE NEW TOWN LANE |
20 Jan 2023 | £133,820 | £134,450 | 10 OCEAN BLUE APARTMENTS JENNINGS STREET |
3 Aug 2022 | £184,503 | £185,000 | LAMORNA BIRCH WHARF HOUSE WHARF ROAD |
1 Apr 2022 | £200,811 | £195,000 | 17 WHARFSIDE VILLAGE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 16 Jun 2017. Using an estimated price of £394,753 means this house is valued at £6,579 per sq meter (£611 per sq foot).
The average size of a house on NEW TOWN LANE is 62 sq meters (671 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Shopping Area | |
Apr 2024 | Anti-social behaviour | On or near Shopping Area | |
Mar 2024 | Shoplifting | Under investigation | On or near Shopping Area |
Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
Mar 2024 | Anti-social behaviour | On or near Shopping Area |