£299,603
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Mar 2024. This value is then adjusted by the current Official House Price Index for CITY OF PLYMOUTH 1
There has been one burglary within the last year on or near Marazion Way
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| Price Paid | Date |
|---|---|
| £295,000 | 27 Mar 2024 |
| £225,000 | 9 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PLYMOUTH to estimate the market value.
When this house was purchased in March 2024 the House Price Index for CITY OF PLYMOUTH was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £295,000 results in an estimated price of approximately £299,603.
| 27 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £295,000 | £4,603 | £299,603 |
The Postcode Pricing Model uses changes in average sales price within the PL2 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 | 27.813 % | £82,048 | £377,048 |
| 3 Month Average | 13.002 % | £38,356 | £333,356 |
| 6 Month Average | 4.887 % | £14,417 | £309,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £202,105 | £199,000 | 55 MARAZION WAY |
| 27 Mar 2024 | £299,603 | £295,000 | 66 PENNYCROSS CLOSE |
| 17 Feb 2023 | £143,962 | £143,000 | 48 ST PANCRAS AVENUE |
| 6 Jul 2022 | £251,520 | £249,000 | 59 PENNYCROSS CLOSE |
| 4 Mar 2022 | £167,029 | £160,000 | 23 ST PANCRAS AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 May 2016. Using an estimated price of £299,603 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on PENNYCROSS CLOSE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Marazion Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marazion Way |
| May 2024 | Anti-social behaviour | On or near Marazion Way | |
| May 2024 | Anti-social behaviour | On or near Marazion Way | |
| May 2024 | Anti-social behaviour | On or near Marazion Way |