£497,473
This estimated value is based upon the latest sale price for the house of £285,000 on 4 May 2006. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £285,000 | 4 May 2006 |
| £180,950 | 29 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 May 2006 the House Price Index for CORNWALL was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £285,000 results in an estimated price of approximately £497,473.
| 4 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £285,000 | £212,473 | £497,473 |
The Postcode Pricing Model uses changes in average sales price within the TR7 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 | 63.316 % | £180,451 | £465,451 |
| 3 Month Average | 75.011 % | £213,782 | £498,782 |
| 6 Month Average | 62.329 % | £177,638 | £462,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £442,747 | £435,000 | 168 PENMERE DRIVE |
| 7 Jul 2023 | £420,662 | £415,000 | 161 PENMERE DRIVE |
| 2 Jun 2023 | £485,886 | £480,000 | 151 PENMERE DRIVE |
| 20 Mar 2023 | £571,383 | £566,000 | 60 PENMERE DRIVE |
| 9 Jun 2022 | £294,157 | £290,000 | 159 PENMERE DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 31 Mar 2014. Using an estimated price of £497,473 means this house is valued at £4,215 per sq meter (£391 per sq foot).
The average size of a house on PENMERE DRIVE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bownder Gareth |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bownder Gareth |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Estuary View |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stret Constantine |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penmere Drive |