£624,314
This estimated value is based upon the latest sale price for the house of £395,000 on 15 Aug 2007. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £395,000 | 15 Aug 2007 |
| Detached |
| Leasehold |
| Floor Area: 162 sq meters or 1,743 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 August 2007 the House Price Index for CORNWALL was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £395,000 results in an estimated price of approximately £624,314.
| 15 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £395,000 | £229,314 | £624,314 |
The Postcode Pricing Model uses changes in average sales price within the TR11 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 | 25.545 % | £100,902 | £495,902 |
| 3 Month Average | 36.401 % | £143,785 | £538,785 |
| 6 Month Average | 51.367 % | £202,900 | £597,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £1,700,000 | £1,700,000 | 11 BOSCAWEN ROAD |
| 31 May 2024 | £175,000 | £175,000 | TOPHOUSE, FIRST FLOOR FLAT 5 SEA VIEW ROAD |
| 4 Dec 2023 | £226,974 | £220,000 | FLAT 1 PENNANCE HOUSE SEA VIEW ROAD |
| 24 Oct 2023 | £920,916 | £900,000 | 3 TREDOVA CRESCENT |
| 24 Oct 2023 | £941,381 | £920,000 | 13 SPERNEN WYN ROAD |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 5 Sep 2017. Using an estimated price of £624,315 means this house is valued at £3,853 per sq meter (£358 per sq foot).
The average size of a house on PENNANCE ROAD is 172 sq meters (1,862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Spernen Wyn Road | |
| Aug 2024 | Anti-social behaviour | On or near Spernen Wyn Road | |
| Aug 2024 | Anti-social behaviour | On or near Spernen Wyn Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spernen Wyn Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sea View Road |