£567,067
This estimated value is based upon the latest sale price for the house of £118,000 on 24 Feb 1998. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £118,000 | 24 Feb 1998 |
| Detached |
| Freehold |
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 1998 the House Price Index for CORNWALL was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £118,000 results in an estimated price of approximately £567,067.
| 24 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 148.6 | 380.566 % | £118,000 | £449,067 | £567,067 |
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 | 397.179 % | £468,671 | £586,671 |
| 3 Month Average | 400.204 % | £472,240 | £590,240 |
| 6 Month Average | 395.448 % | £466,628 | £584,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £504,755 | £500,000 | 5 GREENBANK CRESCENT |
| 1 Feb 2023 | £705,525 | £706,000 | 14 PORTH PARADE |
| 20 Jan 2023 | £194,086 | £195,000 | FLAT 1 PENHALLOW COURT WELL WAY |
| 23 Feb 2022 | £1,291,992 | £1,232,000 | 49 WELL WAY |
| 19 Jan 2022 | £847,188 | £805,000 | GWEL TEG PORTH BEAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Well Way | |
| Dec 2023 | Anti-social behaviour | On or near Well Way | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Porth Beach Road |
| Feb 2024 | Drugs | Local resolution | On or near Porth Beach Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B3276 |