£276,877
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 30 Aug 2019 |
| £199,950 | 30 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2019 the House Price Index for CORNWALL was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £225,000 results in an estimated price of approximately £276,877.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £225,000 | £51,877 | £276,877 |
The Postcode Pricing Model uses changes in average sales price within the TR1 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 | 52.376 % | £117,846 | £342,846 |
| 3 Month Average | 13.286 % | £29,892 | £254,892 |
| 6 Month Average | 26.213 % | £58,978 | £283,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £323,833 | £321,000 | 14 NAVIGATOR WAY |
| 17 Jul 2023 | £334,502 | £330,000 | 4 TRESAWLS ROAD |
| 23 Jan 2023 | £547,421 | £550,000 | 22 LANDERSLEE DRIVE |
| 9 Jan 2023 | £359,307 | £361,000 | 8 NAVIGATOR WAY |
| 14 Jul 2022 | £167,451 | £167,000 | 19 TRELISKE LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Mar 2019. Using an estimated price of £276,877 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on PENWERRIS ROAD is 107 sq meters (1,153 sq feet).