£523,990
This estimated value is based upon the latest sale price for the house of £305,000 on 17 May 2012. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £305,000 | 17 May 2012 |
| £246,000 | 12 Feb 2004 |
| £99,950 | 20 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2012 the House Price Index for CORNWALL was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £305,000 results in an estimated price of approximately £523,990.
| 17 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £305,000 | £218,990 | £523,990 |
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 | 34.032 % | £103,797 | £408,797 |
| 3 Month Average | 39.686 % | £121,043 | £426,043 |
| 6 Month Average | 56.556 % | £172,495 | £477,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £740,000 | £740,000 | 23 PENHALE ROAD |
| 3 May 2024 | £268,000 | £268,000 | 55 BOSCUNDLE AVENUE |
| 20 Oct 2023 | £132,510 | £129,500 | 17 KING CHARLES STREET |
| 27 Jun 2023 | £398,996 | £391,000 | 4 SPEARS TERRACE |
| 11 Apr 2023 | £326,099 | £320,000 | 6 TALL SHIPS CLOSE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 18 Aug 2010. Using an estimated price of £523,990 means this house is valued at £4,637 per sq meter (£430 per sq foot).
The average size of a house on PENHALE ROAD is 125 sq meters (1,347 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boscundle Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tall Ships Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tall Ships Close |
| Sep 2024 | Anti-social behaviour | On or near Davey'S Close | |
| Sep 2024 | Anti-social behaviour | On or near Davey'S Close |