£222,602
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £180,000 | 5 Apr 2019 |
| £40,000 | 26 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 April 2019 the House Price Index for CORNWALL was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £180,000 results in an estimated price of approximately £222,602.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £180,000 | £42,602 | £222,602 |
The Postcode Pricing Model uses changes in average sales price within the TR26 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 | 43.280 % | £77,904 | £257,904 |
| 3 Month Average | 32.581 % | £58,645 | £238,645 |
| 6 Month Average | 27.957 % | £50,322 | £230,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £332,912 | £330,000 | 10 PORTHIA CLOSE |
| 25 Apr 2023 | £380,093 | £376,000 | 4 PORTHIA ROAD |
| 10 Mar 2023 | £397,747 | £394,000 | SOMERDALE TRENWITH LANE |
| 30 Nov 2022 | £444,614 | £450,000 | BOTALLACK PENBEAGLE WAY |
| 16 May 2022 | £183,457 | £180,000 | 33 PORTHIA ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Feb 2019. Using an estimated price of £222,602 means this house is valued at £2,650 per sq meter (£246 per sq foot).
The average size of a house on PENWITH ROAD is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penwith Close |
| Mar 2024 | Drugs | Under investigation | On or near Penwith Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Porthia Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Higher Burrow Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Penbeagle Crescent |