£451,204
This estimated value is based upon the latest sale price for the house of £380,000 on 3 Sep 2020. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £380,000 | 3 Sep 2020 |
| £220,000 | 5 Jul 2013 |
| £88,000 | 6 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 September 2020 the House Price Index for CITY OF PETERBOROUGH was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £380,000 results in an estimated price of approximately £451,204.
| 3 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £380,000 | £71,204 | £451,204 |
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 | 30.748 % | £116,841 | £496,841 |
| 3 Month Average | 9.923 % | £37,707 | £417,707 |
| 6 Month Average | 6.730 % | £25,575 | £405,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £329,209 | £325,000 | 55 LEA GARDENS |
| 25 Aug 2023 | £181,589 | £180,000 | 3 RIVER LANE |
| 24 Jul 2023 | £202,729 | £200,000 | 2 LUDLOW MEWS |
| 9 Jun 2023 | £261,164 | £258,000 | 49 LEA GARDENS |
| 6 Feb 2023 | £299,798 | £300,000 | 21 LEA GARDENS |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 15 Oct 2013. Using an estimated price of £451,205 means this house is valued at £2,479 per sq meter (£230 per sq foot).
The average size of a house on THORPE ROAD is 158 sq meters (1,708 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | On or near Peterborough (Station) | |
| Apr 2024 | Other theft | On or near Peterborough (Station) | |
| Apr 2024 | Other theft | On or near Peterborough (Station) | |
| Apr 2024 | Criminal damage and arson | On or near Peterborough (Station) | |
| Apr 2024 | Criminal damage and arson | On or near Peterborough (Station) |