£380,898
This estimated value is based upon the latest sale price for the house of £315,000 on 14 Jul 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £315,000 | 14 Jul 2020 |
| £201,000 | 27 Apr 2004 |
| £89,500 | 23 Apr 2001 |
| £52,500 | 8 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 555 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 July 2020 the House Price Index for CORNWALL was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £315,000 results in an estimated price of approximately £380,898.
| 14 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £315,000 | £65,898 | £380,898 |
The Postcode Pricing Model uses changes in average sales price within the TR26 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 | 83.761 % | £263,847 | £578,847 |
| 3 Month Average | 4.086 % | £12,870 | £327,870 |
| 6 Month Average | 15.301 % | £48,197 | £363,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,545 | £369,000 | 5 ALMA TERRACE |
| 28 Jul 2023 | £309,161 | £305,000 | THE VILLA DRILLFIELD LANE |
| 1 Mar 2023 | £137,798 | £136,500 | FLAT 2 41 BEDFORD ROAD |
| 11 Jul 2022 | £200,540 | £200,000 | 7 BEDFORD ROAD |
| 28 Apr 2022 | £90,622 | £88,000 | FLAT 2 DRILLFIELD HOUSE DRILLFIELD LANE |
This house has a floor area of 51 sq meters or 555 sq feet when measured on 2 Jul 2010. Using an estimated price of £380,899 means this house is valued at £7,374 per sq meter (£685 per sq foot).
The average size of a house on WESLEY PLACE is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Place |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bedford Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |