£295,160
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Aug 2015. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £205,000 | 6 Aug 2015 |
| £154,500 | 28 Jul 2003 |
| £77,500 | 29 Jan 2001 |
| £27,500 | 31 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2015 the House Price Index for CORNWALL was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £205,000 results in an estimated price of approximately £295,160.
| 6 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £205,000 | £90,160 | £295,160 |
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 | 31.833 % | £65,258 | £270,258 |
| 3 Month Average | 22.394 % | £45,906 | £250,906 |
| 6 Month Average | 43.418 % | £89,007 | £294,007 |
| 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 72 sq meters or 775 sq feet when measured on 2 May 2014. Using an estimated price of £295,160 means this house is valued at £4,099 per sq meter (£380 per sq foot).
The average size of a house on PENARROW CLOSE is 88 sq meters (947 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 |