FLAT 1-4, TREE VIEW, FORE STREET, STRATTON, BUDE, EX23 9DA - £118,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 1-4, TREE VIEW is a midsized flat of 62m², built sometime before 1900, which could now be worth an estimated £103,930. It was last sold for £118,000 in April 2023, which was around 28% below the average April 2023 flat price in the Cornwall local authority area. The most recent EPC inspection was May 2009, where the current energy rating was B, and the potential energy rating was B.

FLAT 1-4, TREE VIEW Sold Prices

Land registry data shows six sales for FLAT 1-4, TREE VIEW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. All of the six FLAT 1-4, TREE VIEW sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 14 APR	£118,000	£164,212	28% below HPI
2006 12 JUL	£59,000	£127,190	54% below HPI
1999 5 OCT	£28,250	£40,538	30% below HPI
1998 18 DEC	£24,525	£36,935	34% below HPI
1998 11 NOV	£28,000	£36,882	24% below HPI
1996 5 JAN	£13,325	£30,826	57% below HPI

What might FLAT 1-4, TREE VIEW be worth now?

FLAT 1-4, TREE VIEW might now be worth an estimated £103,930.

This is based on house price deflation of 11.9%, between April 2023 and July 2026, for flats, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% deflationary decrease is applied to the most recent sale price for FLAT 1-4, TREE VIEW of £118,000 on 14th April 2023. For the value to have decreased from £118,000 to £103,930 over the two years and nine months to July 2026, the following assumptions must hold true:

• The value of FLAT 1-4, TREE VIEW has moved in line with the HPI for flats in the Cornwall local authority area.
• The April 2023 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1-4, TREE VIEW has not materially changed since April 2023.

How Large is FLAT 1-4, TREE VIEW?

FLAT 1-4, TREE VIEW is 62m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of flats in Stratton, based on EPC data. 47% of flats are smaller than FLAT 1-4, TREE VIEW, and 53% of flats are larger. Note that EPC data is not available for all properties in Stratton.

FLAT 1-4, TREE VIEW: Plot

FLAT 1-4, TREE VIEW sits on a plot of roughly 0.044 of an acre, or 180m².