£259,296
This estimated value is based upon the latest sale price for the house of £158,000 on 2 Feb 2007. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £158,000 | 2 Feb 2007 |
| £95,000 | 31 May 2002 |
| £51,500 | 11 Dec 1998 |
| £43,500 | 25 Jul 1997 |
| £39,750 | 16 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 February 2007 the House Price Index for CORNWALL was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £158,000 results in an estimated price of approximately £259,296.
| 2 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £158,000 | £101,296 | £259,296 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 55.683 % | £87,979 | £245,979 |
| 3 Month Average | 45.132 % | £71,308 | £229,308 |
| 6 Month Average | 55.284 % | £87,348 | £245,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £363,250 | £355,000 | 22 WATERLOO ROAD |
| 30 Jun 2023 | £500,020 | £490,000 | 49 WELLINGTON TERRACE |
| 27 Feb 2023 | £271,816 | £270,000 | 48 WELLINGTON TERRACE |
| 13 Jul 2022 | £1,868,725 | £1,850,000 | 22 KILLIGREW STREET |
| 27 May 2022 | £347,041 | £338,000 | 25 WELLINGTON TERRACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Mar 2020. Using an estimated price of £259,296 means this house is valued at £4,321 per sq meter (£401 per sq foot).
The average size of a house on WELLINGTON TERRACE is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Offender given a caution | On or near Wellington Terrace |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterloo Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |