£531,472
This estimated value is based upon the latest sale price for the house of £355,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £355,000 | 3 Oct 2014 |
| £160,000 | 27 Jun 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 October 2014 the House Price Index for CORNWALL was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £355,000 results in an estimated price of approximately £531,472.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £355,000 | £176,472 | £531,472 |
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 | 49.385 % | £175,318 | £530,318 |
| 3 Month Average | 55.338 % | £196,450 | £551,450 |
| 6 Month Average | 46.688 % | £165,741 | £520,741 |
| 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 |