£285,434
This estimated value is based upon the latest sale price for the house of £222,777 on 7 Jun 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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Price Paid | Date |
---|---|
£222,777 | 7 Jun 2017 |
£140,000 | 20 Aug 2007 |
£121,000 | 17 Oct 2006 |
£91,000 | 1 Aug 2003 |
£31,000 | 7 Jul 2000 |
£23,000 | 16 Oct 1998 |
£29,000 | 7 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 June 2017 the House Price Index for CORNWALL was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £222,777 results in an estimated price of approximately £285,434.
7 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £222,777 | £62,657 | £285,434 |
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 | 41.654 % | £92,794 | £315,571 |
3 Month Average | 65.826 % | £146,646 | £369,423 |
6 Month Average | 42.360 % | £94,367 | £317,144 |
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 32 sq meters or 344 sq feet when measured on 21 Apr 2016. Using an estimated price of £285,434 means this house is valued at £8,919 per sq meter (£828 per sq foot).
The average size of a house on WESLEY PLACE is 75 sq meters (810 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 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 |