£193,249
This estimated value is based upon the latest sale price for the house of £69,000 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £69,000 | 12 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 July 2002 the House Price Index for CORNWALL was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £69,000 results in an estimated price of approximately £193,249.
| 12 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £69,000 | £124,249 | £193,249 |
The Postcode Pricing Model uses changes in average sales price within the TR15 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 | 132.117 % | £91,160 | £160,160 |
| 3 Month Average | 126.141 % | £87,037 | £156,037 |
| 6 Month Average | 167.836 % | £115,807 | £184,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £203,863 | £204,000 | 36 PENHALE ESTATE |
| 27 Jan 2023 | £185,377 | £186,250 | 38 PENGOVER PARC |
| 5 Aug 2022 | £233,372 | £234,000 | 5 HAWTHORN CLOSE |
| 29 Jul 2022 | £180,486 | £180,000 | 47 PENHALE ESTATE |
| 18 May 2022 | £188,553 | £185,000 | 45 PENHALE ESTATE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Oct 2013. Using an estimated price of £193,250 means this house is valued at £3,390 per sq meter (£314 per sq foot).
The average size of a house on PENGOVER PARC is 59 sq meters (637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penhale Estate |
| Jan 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Penhale Estate |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hawthorn Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle View Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Castle View Close |