£216,547
This estimated value is based upon the latest sale price for the house of £143,000 on 28 Aug 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £143,000 | 28 Aug 2014 |
| £55,000 | 22 Feb 2001 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2014 the House Price Index for CORNWALL was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £143,000 results in an estimated price of approximately £216,547.
| 28 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £143,000 | £73,547 | £216,547 |
The Postcode Pricing Model uses changes in average sales price within the PL33 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 | 12.445 % | £17,796 | £160,796 |
| 3 Month Average | 73.723 % | £105,423 | £248,423 |
| 6 Month Average | 64.486 % | £92,215 | £235,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £183,205 | £180,000 | 117 PENGELLY |
| 28 Apr 2023 | £181,959 | £180,000 | 119 PENGELLY |
| 3 Feb 2023 | £217,354 | £217,500 | 2 WEST LANE |
| 23 Nov 2022 | £152,651 | £154,500 | FLAT 4 EBREN PENGELLY |
| 11 Aug 2022 | £234,369 | £235,000 | 15 WEST LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Aug 2015. Using an estimated price of £216,547 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on WEST LANE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near West Lane |
| Dec 2023 | Anti-social behaviour | On or near Blakes Close | |
| Dec 2023 | Anti-social behaviour | On or near Blakes Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Sidings |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Sidings |