£406,093
This estimated value is based upon the latest sale price for the house of £405,000 on 18 Jul 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £405,000 | 18 Jul 2022 |
| £128,000 | 21 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 813 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 July 2022 the House Price Index for CORNWALL was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £405,000 results in an estimated price of approximately £406,093.
| 18 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £405,000 | £1,093 | £406,093 |
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 | 4.163 % | £16,860 | £421,860 |
| 3 Month Average | 1.972 % | £7,985 | £412,985 |
| 6 Month Average | -3.804 % | £-15,406 | £389,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £173,027 | £170,000 | 3 CHEGWIN COURT |
| 30 Nov 2023 | £365,410 | £360,000 | FLAT 14 OCEAN VIEWS, 31 MOUNT WISE |
| 18 Aug 2023 | £305,170 | £302,500 | 1 GANNEL VIEW |
| 13 Apr 2023 | £227,449 | £225,000 | 9 ST. GEORGES APARTMENTS, 71 MOUNT WISE |
| 14 Oct 2022 | £144,445 | £146,000 | TOP FLAT, 5B MAYFIELD ROAD |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 17 Feb 2012. Using an estimated price of £406,093 means this house is valued at £5,374 per sq meter (£499 per sq foot).
The average size of a house on MOUNT WISE is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Wise Cottages |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfield Road |
| Jan 2024 | Anti-social behaviour | On or near Mayfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Mayfield Road |