£141,468
This estimated value is based upon the latest sale price for the house of £132,500 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for CORNWALL 1
There has been one burglary within the last year on or near Penrose Terrace
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Price Paid | Date |
---|---|
£132,500 | 15 Nov 2021 |
£140,000 | 7 May 2019 |
£123,500 | 7 Jan 2014 |
£180,000 | 10 Jul 2007 |
£172,450 | 12 Jul 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 November 2021 the House Price Index for CORNWALL was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £132,500 results in an estimated price of approximately £141,468.
15 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 146.7 | 6.769 % | £132,500 | £8,968 | £141,468 |
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 | 61.338 % | £81,272 | £213,772 |
3 Month Average | 36.124 % | £47,864 | £180,364 |
6 Month Average | -0.101 % | £-134 | £132,365 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 30 Aug 2012.
The average size of a house on EAST TERRACE is 53 sq meters (571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Penrose Terrace |