£285,083
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £165,000 | 30 Sep 2011 |
| £187,500 | 21 Dec 2006 |
| £150,000 | 23 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,005 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 September 2011 the House Price Index for CORNWALL was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £165,000 results in an estimated price of approximately £285,083.
| 30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £165,000 | £120,083 | £285,083 |
The Postcode Pricing Model uses changes in average sales price within the PL15 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 | -0.197 % | £-325 | £164,674 |
| 3 Month Average | 50.688 % | £83,634 | £248,634 |
| 6 Month Average | 56.588 % | £93,369 | £258,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £131,147 | £130,000 | 4 PENWORTH CLOSE |
| 28 Jun 2023 | £187,268 | £185,000 | 11 THE BEECHES |
| 4 Apr 2023 | £214,813 | £212,500 | 1 SHILSON TERRACE |
| 28 Feb 2023 | £229,845 | £230,000 | 9 THE BEECHES |
| 14 Feb 2023 | £184,876 | £185,000 | 11 BOUNSALLS LANE |
This house has a floor area of 93 sq meters or 1,005 sq feet when measured on 11 Aug 2010. Using an estimated price of £285,083 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on PENWORTH CLOSE is 124 sq meters (1,341 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Penworth Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penworth Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Penworth Close |
| Feb 2024 | Anti-social behaviour | On or near Mount Wise | |
| Feb 2024 | Anti-social behaviour | On or near Mount Wise |