£386,338
This estimated value is based upon the latest sale price for the house of £84,500 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £84,500 | 30 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 1998 the House Price Index for CORNWALL was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.205%.Applying this 357.205% change to the original purchase price of £84,500 results in an estimated price of approximately £386,338.
| 30 Oct 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.205 % | £84,500 | £301,838 | £386,338 |
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 | 654.344 % | £552,920 | £637,420 |
| 3 Month Average | 462.811 % | £391,075 | £475,575 |
| 6 Month Average | 381.922 % | £322,724 | £407,224 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 28 Apr 2012.
The average size of a house on PENLEE VIEW TERRACE is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Redinnick Place |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Redinnick Place |