£259,321
This estimated value is based upon the latest sale price for the house of £210,000 on 19 Sep 2018. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £210,000 | 19 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2018 the House Price Index for CORNWALL was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £210,000 results in an estimated price of approximately £259,321.
| 19 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £210,000 | £49,321 | £259,321 |
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 | 115.051 % | £241,607 | £451,607 |
| 3 Month Average | 20.322 % | £42,677 | £252,677 |
| 6 Month Average | 20.036 % | £42,074 | £252,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £297,604 | £295,000 | 1 PENGELLY PLACE |
| 28 Jun 2023 | £470,702 | £465,000 | 10 FROST COURT |
| 23 Jun 2023 | £242,943 | £240,000 | 15 ARUNDELL GARDENS |
| 6 May 2022 | £264,993 | £260,000 | 3 LOWENEK CLOSE |
| 30 Mar 2022 | £248,703 | £240,000 | 6 LOWENEK CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Sep 2013. Using an estimated price of £259,322 means this house is valued at £3,457 per sq meter (£321 per sq foot).
The average size of a house on LOWENEK CLOSE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pengelly Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pengelly Place |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Pengelly Place |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Pengelly Place |
| Dec 2023 | Vehicle crime | Formal action is not in the public interest | On or near Pengelly Place |