£392,479
This estimated value is based upon the latest sale price for the house of £208,500 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £208,500 | 19 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF PETERBOROUGH to estimate the market value.
When this house was purchased in November 2004 the House Price Index for CITY OF PETERBOROUGH was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £208,500 results in an estimated price of approximately £392,479.
| 19 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £208,500 | £183,979 | £392,479 |
The Postcode Pricing Model uses changes in average sales price within the PE3 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 | 106.623 % | £222,309 | £430,809 |
| 3 Month Average | 79.279 % | £165,296 | £373,796 |
| 6 Month Average | 71.651 % | £149,393 | £357,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £668,548 | £660,000 | 36 RIVERSIDE GARDENS |
| 30 Mar 2023 | £499,708 | £495,000 | 21 RIVERSIDE GARDENS |
| 10 Mar 2023 | £100,951 | £100,000 | 21 ASHFIELDS THE DRIVE |
| 23 Jan 2023 | £101,522 | £102,000 | 60 ASHFIELDS THE DRIVE |
| 4 Nov 2022 | £128,444 | £130,000 | 58 ASHFIELDS THE DRIVE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 15 Sep 2021. Using an estimated price of £392,479 means this house is valued at £3,139 per sq meter (£291 per sq foot).
The average size of a house on FAIRMEAD WAY is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairmead Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riverside Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riverside Gardens |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Supermarket |