£240,965
This estimated value is based upon the latest sale price for the house of £164,000 on 27 Apr 2015. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £164,000 | 27 Apr 2015 |
| £129,950 | 30 Apr 2003 |
| £43,000 | 6 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2015 the House Price Index for CORNWALL was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £164,000 results in an estimated price of approximately £240,965.
| 27 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £164,000 | £76,965 | £240,965 |
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 | 73.327 % | £120,256 | £284,256 |
| 3 Month Average | 66.897 % | £109,711 | £273,711 |
| 6 Month Average | 52.863 % | £86,695 | £250,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £210,187 | £207,500 | 28 POLWHELE ROAD |
| 21 Jul 2023 | £214,892 | £212,000 | 24 POLWHELE ROAD |
| 17 Jun 2022 | £288,578 | £284,500 | 24 BRAMBLE CLOSE |
| 27 May 2022 | £229,321 | £225,000 | 154 POLWHELE ROAD |
| 14 Apr 2022 | £231,705 | £225,000 | 12 POLWHELE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Feb 2014. Using an estimated price of £240,966 means this house is valued at £4,302 per sq meter (£399 per sq foot).
The average size of a house on WHEATFIELD CRESCENT is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pras Lowgan |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Pras Lowgan |
| Feb 2024 | Anti-social behaviour | On or near Gorse Close | |
| Feb 2024 | Anti-social behaviour | On or near Gorse Close |