£216,603
This estimated value is based upon the latest sale price for the house of £51,500 on 17 Sep 1999. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
There has been one burglary within the last year on or near Springfield Road
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Price Paid | Date |
---|---|
£51,500 | 17 Sep 1999 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 1999 the House Price Index for CITY OF PETERBOROUGH was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £51,500 results in an estimated price of approximately £216,603.
17 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 148.6 | 320.589 % | £51,500 | £165,103 | £216,603 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | 133.505 % | £68,755 | £120,255 |
3 Month Average | 346.053 % | £178,217 | £229,717 |
6 Month Average | 339.154 % | £174,664 | £226,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Feb 2023 | £229,845 | £230,000 | 100 WINDMILL STREET |
30 Jun 2022 | £202,867 | £200,000 | 28 SPRINGFIELD ROAD |
23 May 2022 | £270,089 | £265,000 | 101A WINDMILL STREET |
4 Feb 2022 | £167,791 | £160,000 | 11 SUMMERFIELD ROAD |
7 Jan 2022 | £205,220 | £195,000 | 10 SUMMERFIELD ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 Apr 2015. Using an estimated price of £216,603 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 142 sq meters (1,534 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Springfield Road | |
Feb 2024 | Anti-social behaviour | On or near Springfield Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Road |