£448,303
This estimated value is based upon the latest sale price for the house of £360,000 on 22 May 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £360,000 | 22 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2019 the House Price Index for CORNWALL was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £360,000 results in an estimated price of approximately £448,303.
| 22 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £360,000 | £88,303 | £448,303 |
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 | -4.366 % | £-15,718 | £344,281 |
| 3 Month Average | 10.336 % | £37,208 | £397,208 |
| 6 Month Average | 26.658 % | £95,968 | £455,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2024 | £695,000 | £695,000 | GRAYSHOTT PENWERRIS TERRACE |
| 1 Dec 2023 | £479,742 | £465,000 | 6A BASSET STREET |
| 15 Sep 2023 | £531,721 | £520,000 | 7 BASSET STREET |
| 27 Jan 2023 | £315,844 | £315,000 | 22B DUNSTANVILLE TERRACE |
| 1 Sep 2022 | £189,873 | £190,000 | 10A BASSET STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Nov 2017. Using an estimated price of £448,304 means this house is valued at £5,274 per sq meter (£489 per sq foot).
The average size of a house on PENWERRIS TERRACE is 165 sq meters (1,784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Basset Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Symons Hill |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Symons Hill |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Beacon Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beacon Road |