£119,236
This estimated value is based upon the latest sale price for the house of £113,700 on 17 Feb 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £113,700 | 17 Feb 2022 |
| £146,001 | 26 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 February 2022 the House Price Index for CORNWALL was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £113,700 results in an estimated price of approximately £119,236.
| 17 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £113,700 | £5,536 | £119,236 |
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 | -9.791 % | £-11,132 | £102,567 |
| 3 Month Average | -11.410 % | £-12,972 | £100,727 |
| 6 Month Average | 5.127 % | £5,829 | £119,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £223,001 | £220,000 | 42 RAYMOND ROAD |
| 21 Jul 2023 | £146,978 | £145,000 | 6 WHYM KIBBAL COURT |
| 18 Jul 2023 | £106,432 | £105,000 | 16 TREFUSIS TERRACE |
| 24 Feb 2023 | £88,690 | £88,750 | 23 WHYM KIBBAL COURT |
| 27 Jan 2023 | £248,828 | £250,000 | 1 RAYMOND ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 23 Nov 2021. Using an estimated price of £119,237 means this house is valued at £1,083 per sq meter (£100 per sq foot).
The average size of a house on RAYMOND ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Trefusis Terrace |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trefusis Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Trefusis Terrace |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sea View Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heanton Terrace |