£217,523
This estimated value is based upon the latest sale price for the house of £38,000 on 20 Dec 1995. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £38,000 | 20 Dec 1995 |
| Semi-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 December 1995 the House Price Index for CORNWALL was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £38,000 results in an estimated price of approximately £217,523.
| 20 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £38,000 | £179,523 | £217,523 |
The Postcode Pricing Model uses changes in average sales price within the TR16 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 | 868.815 % | £330,149 | £368,149 |
| 3 Month Average | 580.135 % | £220,451 | £258,451 |
| 6 Month Average | 488.067 % | £185,465 | £223,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £260,000 | £260,000 | 3 PENNANCE TERRACE |
| 17 Aug 2023 | £531,588 | £522,000 | 16 LANMOOR ESTATE |
| 19 Apr 2023 | £184,960 | £181,500 | 3 LOWER PENNANCE |
| 19 Jan 2023 | £483,793 | £482,500 | MEADOW COURT THE CLOSE |
| 4 Nov 2022 | £209,023 | £210,000 | 2 MOORVIEW PENNANCE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Sep 2024 | Drugs | Further investigation is not in the public interest | On or near The Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pennance Lane |