£196,282
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£160,000 | 16 Dec 2019 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 December 2019 the House Price Index for CITY OF PETERBOROUGH was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £160,000 results in an estimated price of approximately £196,282.
16 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £160,000 | £36,282 | £196,282 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 0.897 % | £1,434 | £161,434 |
3 Month Average | 23.006 % | £36,809 | £196,809 |
6 Month Average | 21.448 % | £34,317 | £194,317 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £187,780 | £185,000 | 3 HUNTLY ROAD |
21 Apr 2023 | £176,905 | £175,000 | THE OLD STUDIO ORTON AVENUE |
3 Feb 2023 | £143,903 | £144,000 | 101 THE DELL |
26 May 2022 | £189,062 | £185,500 | 3 GORDON AVENUE |
7 Jan 2022 | £178,909 | £170,000 | 73 THE DELL |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Apr 2019. Using an estimated price of £196,282 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on GORDON AVENUE is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near The Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |