£309,825
This estimated value is based upon the latest sale price for the house of £170,000 on 31 Oct 2005. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £170,000 | 31 Oct 2005 |
| £52,500 | 6 Jul 2001 |
| Terraced |
| Freehold |
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 October 2005 the House Price Index for CORNWALL was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £170,000 results in an estimated price of approximately £309,825.
| 31 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £170,000 | £139,825 | £309,825 |
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 | 169.950 % | £288,914 | £458,914 |
| 3 Month Average | 64.506 % | £109,660 | £279,660 |
| 6 Month Average | 67.102 % | £114,072 | £284,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £253,757 | £250,000 | FLAT 1 PENWERRIS COURT PENWERRIS LANE |
| 28 Jul 2023 | £323,177 | £318,827 | FLAT 3 PENWERRIS OLD SCHOOL PENWERRIS LANE |
| 21 Feb 2022 | £203,447 | £194,000 | 49 MEADOWBANK ROAD |
| 18 Feb 2022 | £194,008 | £185,000 | OSPREY 11 RIVERVIEW |
| 3 Dec 2021 | £326,770 | £305,000 | FIRST FLOOR FLAT TRENCROM PENWERRIS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadowbank Road |
| Feb 2024 | Other theft | Further investigation is not in the public interest | On or near Langton Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Langton Road |