£240,398
This estimated value is based upon the latest sale price for the house of £180,000 on 7 Jun 2016. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £180,000 | 7 Jun 2016 |
| £125,000 | 28 May 2014 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,285 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 June 2016 the House Price Index for CITY OF PETERBOROUGH was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £180,000 results in an estimated price of approximately £240,398.
| 7 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £180,000 | £60,398 | £240,398 |
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 | 49.132 % | £88,438 | £268,438 |
| 3 Month Average | 38.651 % | £69,571 | £249,571 |
| 6 Month Average | 36.397 % | £65,514 | £245,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £207,959 | £206,000 | 15 ORME ROAD |
| 26 May 2022 | £234,417 | £230,000 | 93 GRANGE ROAD |
| 14 Apr 2022 | £329,536 | £320,000 | 40 GRANGE ROAD |
| 31 Jan 2022 | £328,351 | £312,000 | 79 PRIORY ROAD |
| 2 Jun 2021 | £429,170 | £400,000 | BELL CABLEMEDIA HOUSE WESTFIELD ROAD |
This house has a floor area of 119 sq meters or 1,285 sq feet when measured on 9 Apr 2010. Using an estimated price of £240,399 means this house is valued at £2,013 per sq meter (£187 per sq foot).
The average size of a house on WESTFIELD ROAD is 122 sq meters (1,322 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Westfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
| Feb 2024 | Anti-social behaviour | On or near Westfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Westfield Road |