£642,401
This estimated value is based upon the latest sale price for the house of £520,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £520,000 | 15 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 March 2019 the House Price Index for CORNWALL was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £520,000 results in an estimated price of approximately £642,401.
| 15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £520,000 | £122,401 | £642,401 |
The Postcode Pricing Model uses changes in average sales price within the TR1 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 | 7.526 % | £39,133 | £559,133 |
| 3 Month Average | 9.609 % | £49,966 | £569,966 |
| 6 Month Average | 28.881 % | £150,178 | £670,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £363,866 | £357,500 | 5 WOODLAND COURT |
| 5 Dec 2023 | £284,986 | £280,000 | 17 TREMORVAH BARTON |
| 25 Jul 2023 | £496,685 | £490,000 | APARTMENT 3 THE HIDEAWAY TREMORVAH BARTON |
| 15 Jun 2023 | £370,488 | £366,000 | 8 WOODLAND COURT |
| 10 Mar 2023 | £711,705 | £705,000 | 3 ALVERTON GARDENS |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 11 Oct 2018. Using an estimated price of £642,402 means this house is valued at £4,758 per sq meter (£442 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Monterey Gardens |
| Dec 2023 | Drugs | Under investigation | On or near Monterey Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tremorvah Barton |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |