£184,503
This estimated value is based upon the latest sale price for the house of £185,000 on 3 Aug 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £185,000 | 3 Aug 2022 |
| £150,000 | 6 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 August 2022 the House Price Index for CORNWALL was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £185,000 results in an estimated price of approximately £184,503.
| 3 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £185,000 | £-496 | £184,503 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 34.689 % | £64,175 | £249,175 |
| 3 Month Average | 39.416 % | £72,919 | £257,919 |
| 6 Month Average | 4.223 % | £7,813 | £192,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £292,758 | £290,000 | 32 MOUNT'S BAY LODGE NEW TOWN LANE |
| 31 Jan 2023 | £483,721 | £486,000 | 51 MOUNT'S BAY LODGE NEW TOWN LANE |
| 20 Jan 2023 | £133,820 | £134,450 | 10 OCEAN BLUE APARTMENTS JENNINGS STREET |
| 3 Aug 2022 | £184,503 | £185,000 | LAMORNA BIRCH WHARF HOUSE WHARF ROAD |
| 21 Mar 2022 | £290,153 | £280,000 | 22 MOUNT'S BAY LODGE NEW TOWN LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Jun 2014. Using an estimated price of £184,503 means this house is valued at £2,527 per sq meter (£234 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jennings Street |