FLAT 4, 3, MOUNT WISE, NEWQUAY, TR7 2BE - £202,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 4 3 MOUNT WISE is a small flat of 52m², built sometime between 2007 and 2011, which could now be worth an estimated £182,021. It was last sold for £202,000 in April 2022, which was around 25% above the average April 2022 flat price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

FLAT 4 3 MOUNT WISE Sold Prices

Land registry data shows two sales for FLAT 4 3 MOUNT WISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. Both of the two FLAT 4 3 MOUNT WISE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 APR	£202,000	£161,435	25% above HPI
2015 7 DEC	£130,000	£122,510	6% above HPI

What might FLAT 4 3 MOUNT WISE be worth now?

FLAT 4 3 MOUNT WISE might now be worth an estimated £182,021.

This is based on house price deflation of 9.9%, between April 2022 and April 2026, for flats, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.9% deflationary decrease is applied to the most recent sale price for FLAT 4 3 MOUNT WISE of £202,000 on 22nd April 2022. For the value to have decreased from £202,000 to £182,021 over the four years to April 2026, the following assumptions must hold true:

• The value of FLAT 4 3 MOUNT WISE has moved in line with the HPI for flats in the Cornwall local authority area.
• The April 2022 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 3 MOUNT WISE has not materially changed since April 2022.

How Large is FLAT 4 3 MOUNT WISE?

FLAT 4 3 MOUNT WISE is 52m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of flats in Newquay, based on EPC data. 30% of flats are smaller than FLAT 4 3 MOUNT WISE, and 69% of flats are larger. Note that EPC data is not available for all properties in Newquay.

FLAT 4 3 MOUNT WISE: Plot

FLAT 4 3 MOUNT WISE sits on a plot of roughly 0.097 of an acre, or 391m².

Where is FLAT 4 3 MOUNT WISE?

FLAT 4, 3 MOUNT WISE is located in NEWQUAY, in the TR7 postcode district.