£233,775
This estimated value is based upon the latest sale price for the house of £190,000 on 6 Mar 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £190,000 | 6 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2019 the House Price Index for CORNWALL was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £190,000 results in an estimated price of approximately £233,775.
| 6 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £190,000 | £43,775 | £233,775 |
The Postcode Pricing Model uses changes in average sales price within the TR18 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 | 56.526 % | £107,398 | £297,398 |
| 3 Month Average | 51.440 % | £97,735 | £287,735 |
| 6 Month Average | 28.269 % | £53,710 | £243,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £232,255 | £231,000 | 3 WELLINGTON TERRACE |
| 30 Mar 2023 | £196,060 | £195,000 | 8 ALVERTON TERRACE |
| 15 Jul 2022 | £234,683 | £235,000 | 13 ALVERNE BUILDINGS |
| 15 Jul 2022 | £294,602 | £295,000 | ROSMELLYN ALVERTON TERRACE |
| 6 Apr 2022 | £206,667 | £201,500 | 9 TENCREEK AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 Dec 2018. Using an estimated price of £233,776 means this house is valued at £3,202 per sq meter (£297 per sq foot).
The average size of a house on PENALVERNE DRIVE is 101 sq meters (1,092 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Penalverne Place |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Penalverne Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penalverne Place |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Penalverne Place |
| Mar 2024 | Anti-social behaviour | On or near Penalverne Place |