£870,949
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Dec 2003. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £400,000 | 1 Dec 2003 |
| 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 December 2003 the House Price Index for CORNWALL was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £400,000 results in an estimated price of approximately £870,949.
| 1 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £400,000 | £470,949 | £870,949 |
The Postcode Pricing Model uses changes in average sales price within the TR2 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 | 179.603 % | £718,411 | £1,118,411 |
| 3 Month Average | 150.277 % | £601,108 | £1,001,108 |
| 6 Month Average | 111.863 % | £447,453 | £847,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £111,046 | £110,000 | 52 TERRAS ROAD |
| 24 Mar 2023 | £282,663 | £280,000 | 145 CREAKAVOSE PARK |
| 27 Jan 2023 | £238,875 | £240,000 | (SPRY) THE COTTAGE TERRAS ROAD |
| 6 Jan 2023 | £368,265 | £370,000 | 125 CREAKAVOSE PARK |
| 20 May 2022 | £254,801 | £250,000 | 76 TERRAS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Terras Road |
| Jan 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Terras Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Creakavose Park |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Creakavose Park |