£567,609
This estimated value is based upon the latest sale price for the house of £440,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £440,000 | 6 Jan 2017 |
| £100,000 | 27 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 201 sq meters or 2,163 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 January 2017 the House Price Index for CORNWALL was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £440,000 results in an estimated price of approximately £567,609.
| 6 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £440,000 | £127,609 | £567,609 |
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 | 52.263 % | £229,956 | £669,956 |
| 3 Month Average | 45.959 % | £202,218 | £642,218 |
| 6 Month Average | 38.080 % | £167,551 | £607,551 |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 9 Sep 2016.
The average size of a house on WELL WAY is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Well Way | |
| Dec 2023 | Anti-social behaviour | On or near Well Way | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Porth Beach Road |
| Feb 2024 | Drugs | Local resolution | On or near Porth Beach Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B3276 |