£700,545
This estimated value is based upon the latest sale price for the house of £410,000 on 14 Jun 2012. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £410,000 | 14 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 845 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 June 2012 the House Price Index for CORNWALL was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £410,000 results in an estimated price of approximately £700,545.
| 14 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £410,000 | £290,545 | £700,545 |
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 | 22.359 % | £91,670 | £501,670 |
| 3 Month Average | 33.078 % | £135,621 | £545,621 |
| 6 Month Average | 50.278 % | £206,140 | £616,140 |
| 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 78 sq meters or 845 sq feet when measured on 3 Oct 2011. Using an estimated price of £700,545 means this house is valued at £8,917 per sq meter (£828 per sq foot).
The average size of a house on PENNANCE ROAD is 172 sq meters (1,862 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (845 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 |