£533,602
This estimated value is based upon the latest sale price for the house of £327,500 on 23 Mar 2007. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Well Way
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| Price Paid | Date |
|---|---|
| £327,500 | 23 Mar 2007 |
| £196,000 | 25 Feb 2005 |
| 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 March 2007 the House Price Index for CORNWALL was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £327,500 results in an estimated price of approximately £533,602.
| 23 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £327,500 | £206,102 | £533,602 |
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 | 78.240 % | £256,236 | £583,736 |
| 3 Month Average | 45.956 % | £150,507 | £478,007 |
| 6 Month Average | 56.783 % | £185,964 | £513,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £598,187 | £585,000 | 24 VEOR ROAD |
| 17 Apr 2023 | £412,720 | £405,000 | 96 BONYTHON ROAD |
| 31 Jan 2023 | £182,989 | £182,500 | FLAT 4 PENHALLOW COURT WELL WAY |
| 25 Jan 2023 | £601,607 | £600,000 | 9 WELL WAY |
| 20 Jan 2023 | £195,522 | £195,000 | FLAT 1 PENHALLOW COURT WELL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Well Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Penhallow Road |
| Aug 2024 | Anti-social behaviour | On or near A3058 | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near A3058 |
| Aug 2024 | Anti-social behaviour | On or near A3058 |