£86,461
This estimated value is based upon the latest sale price for the house of £27,000 on 5 Nov 2001. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £27,000 | 5 Nov 2001 |
| £12,500 | 16 Sep 1997 |
| Terraced |
| Leasehold |
| Floor Area: 43 sq meters or 468 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 November 2001 the House Price Index for CORNWALL was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £27,000 results in an estimated price of approximately £86,461.
| 5 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £27,000 | £59,461 | £86,461 |
The Postcode Pricing Model uses changes in average sales price within the PL14 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 | 171.720 % | £46,364 | £73,364 |
| 3 Month Average | 178.293 % | £48,138 | £75,138 |
| 6 Month Average | 190.026 % | £51,307 | £78,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £39,344 | £39,000 | 3B PIKE STREET |
| 29 Mar 2023 | £74,199 | £73,500 | FLAT 1 32 WELL LANE |
| 14 Mar 2023 | £161,522 | £160,000 | FLAT 2 2 CHURCH STREET |
| 28 Feb 2023 | £84,943 | £85,000 | FLAT 2 MAGNOLIA COURT BAY TREE HILL |
| 15 Feb 2023 | £199,866 | £200,000 | 10 MARKET STREET |
This house has a floor area of 43 sq meters or 468 sq feet when measured on 29 Jan 2010. Using an estimated price of £86,462 means this house is valued at £1,986 per sq meter (£184 per sq foot).
The average size of a house on WELL LANE is 60 sq meters (649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fore Street |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Feb 2024 | Anti-social behaviour | On or near Cannon Hill | |
| Feb 2024 | Anti-social behaviour | On or near Cannon Hill | |
| Jan 2024 | Anti-social behaviour | On or near Cannon Hill |