£209,022
This estimated value is based upon the latest sale price for the house of £210,000 on 4 Nov 2022. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £210,000 | 4 Nov 2022 |
| £155,000 | 14 Dec 2018 |
| £120,000 | 17 Oct 2006 |
| £99,950 | 19 Nov 2003 |
| £38,000 | 18 Jan 2000 |
| Terraced |
| Freehold |
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 November 2022 the House Price Index for CORNWALL was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £210,000 results in an estimated price of approximately £209,022.
| 4 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £210,000 | £-977 | £209,022 |
The Postcode Pricing Model uses changes in average sales price within the TR16 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 | -7.911 % | £-16,613 | £193,386 |
| 3 Month Average | -39.224 % | £-82,371 | £127,628 |
| 6 Month Average | -24.352 % | £-51,139 | £158,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £260,000 | £260,000 | 3 PENNANCE TERRACE |
| 5 Apr 2024 | £559,862 | £555,000 | THE COTTAGE |
| 17 Aug 2023 | £531,588 | £522,000 | 16 LANMOOR ESTATE |
| 19 Apr 2023 | £184,960 | £181,500 | 3 LOWER PENNANCE |
| 4 Nov 2022 | £209,023 | £210,000 | 2 MOORVIEW PENNANCE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pennance Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Sep 2024 | Drugs | Further investigation is not in the public interest | On or near The Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Sep 2024 | Anti-social behaviour | On or near Lanner Square |