£357,530
This estimated value is based upon the latest sale price for the house of £275,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£275,000 | 24 Feb 2017 |
£60,000 | 19 Sep 1997 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 February 2017 the House Price Index for CORNWALL was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £275,000 results in an estimated price of approximately £357,530.
24 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £275,000 | £82,530 | £357,530 |
The Postcode Pricing Model uses changes in average sales price within the PL15 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 | -16.041 % | £-44,113 | £230,886 |
3 Month Average | 34.141 % | £93,888 | £368,888 |
6 Month Average | 28.516 % | £78,418 | £353,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £131,147 | £130,000 | 4 PENWORTH CLOSE |
28 Jul 2023 | £167,251 | £165,000 | PEASELAND MOUNT MADFORD |
6 Jul 2023 | £152,046 | £150,000 | 5 RACE HILL TERRACE |
14 Feb 2023 | £184,876 | £185,000 | 11 BOUNSALLS LANE |
27 Jul 2022 | £175,472 | £175,000 | 2 CLARENCE GARDENS RACE HILL |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Aug 2015. Using an estimated price of £357,530 means this house is valued at £4,062 per sq meter (£377 per sq foot).
The average size of a house on MOUNT WISE is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Mount Wise | |
Feb 2024 | Anti-social behaviour | On or near Mount Wise | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mount Wise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Windmill Lane |
Mar 2024 | Anti-social behaviour | On or near Windmill Lane |