£450,921
This estimated value is based upon the latest sale price for the house of £390,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £390,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 December 2020 the House Price Index for CORNWALL was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £390,000 results in an estimated price of approximately £450,921.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £390,000 | £60,921 | £450,921 |
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 | 38.334 % | £149,503 | £539,503 |
| 3 Month Average | 24.358 % | £94,997 | £484,997 |
| 6 Month Average | 18.186 % | £70,925 | £460,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £384,767 | £375,000 | 12 CHICHESTER CRESCENT |
| 23 Nov 2023 | £444,791 | £433,500 | 21 CHICHESTER CRESCENT |
| 28 Oct 2022 | £488,369 | £490,000 | 17 PENINA AVENUE |
| 16 Sep 2022 | £399,733 | £400,000 | TRENINNICK HOUSE |
| 16 Jun 2022 | £388,300 | £380,000 | 5 CHICHESTER CRESCENT |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 14 Jul 2020. Using an estimated price of £450,922 means this house is valued at £3,390 per sq meter (£314 per sq foot).
The average size of a house on PENINA AVENUE is 129 sq meters (1,392 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Offender given a caution | On or near Wych Hazel Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wych Hazel Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Jun 2024 | Drugs | Under investigation | On or near Petrol Station |