£679,538
This estimated value is based upon the latest sale price for the house of £550,000 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Parc Mellan
More crime details
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| Price Paid | Date |
|---|---|
| £550,000 | 27 Nov 2019 |
| Semi-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 November 2019 the House Price Index for CORNWALL was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £550,000 results in an estimated price of approximately £679,538.
| 27 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £550,000 | £129,538 | £679,538 |
The Postcode Pricing Model uses changes in average sales price within the TR20 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 | 19.530 % | £107,413 | £657,413 |
| 3 Month Average | -6.618 % | £-36,401 | £513,598 |
| 6 Month Average | 24.071 % | £132,389 | £682,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £257,926 | £250,000 | 10 MANOR WAY |
| 17 Oct 2023 | £260,926 | £255,000 | 8 REENS CRESCENT |
| 4 Aug 2023 | £325,878 | £320,000 | CHI PONS, 1 CHURCH ROAD |
| 14 Feb 2023 | £302,017 | £300,000 | 10 REENS ROAD |
| 16 Mar 2022 | £240,105 | £230,000 | 10 COLINSEY PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Parc Mellan |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parc Mellan |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parc Mellan |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Parc Mellan |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parc Mellan |