£697,763
This estimated value is based upon the latest sale price for the house of £380,000 on 30 Jul 2009. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £380,000 | 30 Jul 2009 |
| £380,000 | 30 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,966 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 July 2009 the House Price Index for CORNWALL was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £380,000 results in an estimated price of approximately £697,763.
| 30 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £380,000 | £317,763 | £697,763 |
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 | 52.725 % | £200,356 | £580,356 |
| 3 Month Average | 50.988 % | £193,752 | £573,752 |
| 6 Month Average | 73.723 % | £280,146 | £660,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £290,000 | £290,000 | 12 PENARROW CLOSE |
| 5 Dec 2023 | £453,949 | £440,000 | 7 MOUNT PLEASANT |
| 17 Aug 2023 | £351,337 | £345,000 | 32 MESSACK CLOSE |
| 3 Mar 2023 | £294,925 | £290,000 | 126 BOSLOWICK ROAD |
| 15 Feb 2023 | £303,024 | £301,000 | 54 TREFUSIS ROAD |
This house has a floor area of 182 sq meters or 1,966 sq feet when measured on 6 Feb 2009. Using an estimated price of £697,763 means this house is valued at £3,818 per sq meter (£354 per sq foot).
The average size of a house on PENARROW CLOSE is 82 sq meters (886 sq feet).
This house is the largest in the street with a floor area of 182 sq meters (1,966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Penarrow Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Penarrow Close |
| Jul 2024 | Anti-social behaviour | On or near Penarrow Close | |
| Jul 2024 | Anti-social behaviour | On or near Penarrow Close | |
| Jul 2024 | Anti-social behaviour | On or near Penarrow Close |