£83,420
This estimated value is based upon the latest sale price for the house of £15,000 on 19 Apr 1996. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £15,000 | 19 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 April 1996 the House Price Index for CORNWALL was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.139%.Applying this 456.139% change to the original purchase price of £15,000 results in an estimated price of approximately £83,420.
| 19 Apr 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.139 % | £15,000 | £68,420 | £83,420 |
The Postcode Pricing Model uses changes in average sales price within the TR9 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 | 1587.416 % | £238,112 | £253,112 |
| 3 Month Average | 516.798 % | £77,519 | £92,519 |
| 6 Month Average | 550.743 % | £82,611 | £97,611 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 3 Jan 2012.
The average size of a house on PENKERNICK WAY is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Penkernick Way | |
| Dec 2023 | Anti-social behaviour | On or near Penkernick Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Rise |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Meadow Rise |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Meadow Rise |