£376,861
This estimated value is based upon the latest sale price for the house of £109,950 on 4 May 2001. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £109,950 | 4 May 2001 |
| Detached |
| Freehold |
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 2001 the House Price Index for CORNWALL was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £109,950 results in an estimated price of approximately £376,861.
| 4 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £109,950 | £266,911 | £376,861 |
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 | 254.544 % | £279,871 | £389,821 |
| 3 Month Average | 253.964 % | £279,233 | £389,183 |
| 6 Month Average | 236.499 % | £260,030 | £369,980 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bownder Gareth |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penmere Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Bownder Corbenic |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bownder Bors |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stret Caradoc |