£594,185
This estimated value is based upon the latest sale price for the house of £375,000 on 12 Dec 2013. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £375,000 | 12 Dec 2013 |
| £125,000 | 12 Aug 1998 |
| £87,000 | 12 Apr 1995 |
| £87,000 | 14 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £375,000 results in an estimated price of approximately £594,185.
| 12 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £375,000 | £219,185 | £594,185 |
The Postcode Pricing Model uses changes in average sales price within the TR5 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 | 0.041 % | £154 | £375,154 |
| 3 Month Average | 32.909 % | £123,408 | £498,408 |
| 6 Month Average | 64.074 % | £240,277 | £615,277 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Jun 2013.
The average size of a house on PENWINNICK CLOSE is 169 sq meters (1,826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Penwinnick Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Miners Way |
| Feb 2024 | Drugs | Further investigation is not in the public interest | On or near Miners Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kew Breanek |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Polbreen Lane |