£356,863
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £290,000 | 30 Aug 2019 |
| £230,000 | 15 Sep 2010 |
| £194,000 | 29 Jul 2005 |
| £69,000 | 2 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2019 the House Price Index for CORNWALL was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £290,000 results in an estimated price of approximately £356,863.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £290,000 | £66,863 | £356,863 |
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 | 96.237 % | £279,086 | £569,086 |
| 3 Month Average | 21.931 % | £63,600 | £353,600 |
| 6 Month Average | 18.737 % | £54,336 | £344,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £334,274 | £330,000 | 29 VERNON PLACE |
| 16 Jun 2023 | £430,211 | £425,000 | 17 VERNON PLACE |
| 15 Jun 2023 | £381,117 | £376,500 | 4 FAIRVIEW PLACE |
| 27 Jan 2023 | £21,897 | £22,000 | 1 BOWLES HOUSE CLARE TERRACE |
| 26 Jan 2023 | £424,998 | £427,000 | 4 CHAPEL TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 Mar 2021. Using an estimated price of £356,864 means this house is valued at £4,634 per sq meter (£430 per sq foot).
The average size of a house on WELLINGTON PLACE is 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Formal action is not in the public interest | On or near Smithick Hill |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |