£406,473
This estimated value is based upon the latest sale price for the house of £335,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £335,000 | 26 Mar 2020 |
| £299,950 | 14 May 2018 |
| £65,000 | 26 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2020 the House Price Index for CORNWALL was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £335,000 results in an estimated price of approximately £406,473.
| 26 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £335,000 | £71,473 | £406,473 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 11.145 % | £37,336 | £372,336 |
| 3 Month Average | 48.895 % | £163,799 | £498,799 |
| 6 Month Average | 39.670 % | £132,892 | £467,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £298,604 | £300,000 | 2 BRACKEN TERRACE |
| 11 Nov 2022 | £127,404 | £128,000 | 37 MARINA COURT, 9 - 19 MOUNT WISE |
| 4 Nov 2022 | £482,743 | £485,000 | 24 BERRY ROAD |
| 19 Jul 2022 | £198,994 | £197,000 | FLAT 2 1 TRENANCE ROAD |
| 22 Apr 2022 | £209,559 | £202,000 | FLAT 4 3 MOUNT WISE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 31 Aug 2018. Using an estimated price of £406,473 means this house is valued at £2,509 per sq meter (£233 per sq foot).
The average size of a house on MOUNT WISE is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Grosvenor Avenue |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Grosvenor Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Grosvenor Avenue |
| Jul 2024 | Anti-social behaviour | On or near Grosvenor Avenue | |
| Jun 2024 | Theft from the person | Unable to prosecute suspect | On or near Grosvenor Avenue |