£295,976
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Aug 2000. 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 |
---|---|
£80,000 | 23 Aug 2000 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 August 2000 the House Price Index for CITY OF PETERBOROUGH was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £80,000 results in an estimated price of approximately £295,976.
23 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £80,000 | £215,976 | £295,976 |
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 | 99.040 % | £79,231 | £159,231 |
3 Month Average | 288.672 % | £230,937 | £310,937 |
6 Month Average | 294.510 % | £235,607 | £315,607 |
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 96 sq meters or 1,033 sq feet when measured on 24 Nov 2016. Using an estimated price of £295,976 means this house is valued at £3,083 per sq meter (£286 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 |