£445,111
This estimated value is based upon the latest sale price for the house of £247,000 on 23 Dec 2005. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £247,000 | 23 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2005 the House Price Index for CORNWALL was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £247,000 results in an estimated price of approximately £445,111.
| 23 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £247,000 | £198,111 | £445,111 |
The Postcode Pricing Model uses changes in average sales price within the PL22 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 | 71.056 % | £175,507 | £422,507 |
| 3 Month Average | 6.040 % | £14,917 | £261,917 |
| 6 Month Average | 7.109 % | £17,558 | £264,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £299,798 | £300,000 | 4 ADDISON TERRACE |
| 17 Dec 2021 | £358,911 | £335,000 | 28 BODMIN HILL |
| 29 Sep 2021 | £167,027 | £155,000 | 2 ROBARTES TERRACE |
| 27 Sep 2021 | £218,751 | £203,000 | 12 VICTORIA |
| 9 Sep 2021 | £484,917 | £450,000 | CHY FORSTOR TERRAS HILL |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 30 Jan 2014. Using an estimated price of £445,111 means this house is valued at £4,786 per sq meter (£444 per sq foot).
The average size of a house on TERRAS HILL is 186 sq meters (2,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Terras Hill |
| Mar 2024 | Anti-social behaviour | On or near Terras Hill | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Terras Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Terras Hill |
| Feb 2024 | Anti-social behaviour | On or near Terras Hill |