£562,694
This estimated value is based upon the latest sale price for the house of £227,500 on 31 Jan 2003. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £227,500 | 31 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 January 2003 the House Price Index for CORNWALL was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £227,500 results in an estimated price of approximately £562,694.
| 31 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £227,500 | £335,194 | £562,694 |
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 | 146.903 % | £334,204 | £561,704 |
| 3 Month Average | 154.013 % | £350,380 | £577,880 |
| 6 Month Average | 132.574 % | £301,604 | £529,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £592,577 | £585,000 | 24 VEOR ROAD |
| 18 Jul 2023 | £204,756 | £202,000 | FLAT 8 PENHALLOW COURT WELL WAY |
| 17 Apr 2023 | £409,408 | £405,000 | 96 BONYTHON ROAD |
| 31 Jan 2023 | £181,644 | £182,500 | FLAT 4 PENHALLOW COURT WELL WAY |
| 25 Jan 2023 | £597,187 | £600,000 | 9 WELL WAY |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 8 Jul 2014. Using an estimated price of £562,695 means this house is valued at £3,990 per sq meter (£370 per sq foot).
The average size of a house on WELL WAY is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near A3058 | |
| Apr 2024 | Anti-social behaviour | On or near A3058 | |
| Apr 2024 | Public order | Awaiting court outcome | On or near A3058 |
| Feb 2024 | Anti-social behaviour | On or near A3058 | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A3058 |