£722,257
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £450,000 | 20 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 December 2013 the House Price Index for CORNWALL was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £450,000 results in an estimated price of approximately £722,257.
| 20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £450,000 | £272,257 | £722,257 |
The Postcode Pricing Model uses changes in average sales price within the PL35 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 | -36.188 % | £-162,844 | £287,155 |
| 3 Month Average | 10.664 % | £47,989 | £497,989 |
| 6 Month Average | 45.631 % | £205,337 | £655,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £469,104 | £465,000 | OKEFORD |
| 11 Aug 2023 | £605,295 | £600,000 | 1 OLD ROAD |
| 11 Aug 2023 | £423,707 | £420,000 | 3 MELBOURNE COTTAGES POTTERS LANE |
| 14 Jul 2023 | £248,342 | £245,000 | FLAT 3 BRIDGE WALK THE BRIDGE |
| 11 Apr 2023 | £290,124 | £287,000 | 1A PENALLY TERRACE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Aug 2013. Using an estimated price of £722,258 means this house is valued at £6,173 per sq meter (£573 per sq foot).
The average size of a house on PENALLY TERRACE is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valency Row |
| Jan 2024 | Anti-social behaviour | On or near Valency Row | |
| Jan 2024 | Anti-social behaviour | On or near Valency Row | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Lane |