£367,512
This estimated value is based upon the latest sale price for the house of £249,950 on 22 May 2015. This value is then adjusted by the current Official House Price Index for CORNWALL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £249,950 | 22 May 2015 |
| £229,000 | 7 Jun 2012 |
| £159,950 | 30 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2015 the House Price Index for CORNWALL was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £249,950 results in an estimated price of approximately £367,512.
| 22 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £249,950 | £117,562 | £367,512 |
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 | 65.813 % | £164,499 | £414,449 |
| 3 Month Average | 64.253 % | £160,599 | £410,549 |
| 6 Month Average | 67.370 % | £168,390 | £418,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £448,790 | £435,000 | 168 PENMERE DRIVE |
| 24 Nov 2023 | £389,897 | £380,000 | 10 STRET CONSTANTINE |
| 9 Jun 2023 | £418,384 | £410,000 | 42 STRET CONSTANTINE |
| 20 Mar 2023 | £575,613 | £566,000 | 60 PENMERE DRIVE |
| 3 Mar 2023 | £406,793 | £400,000 | 40 STRET CONSTANTINE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Jan 2015. Using an estimated price of £367,512 means this house is valued at £4,038 per sq meter (£375 per sq foot).
The average size of a house on PENMERE DRIVE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Bownder Ywain |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bownder Bors |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bownder Bors |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Penmere Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penmere Drive |