£256,874
This estimated value is based upon the latest sale price for the house of £206,500 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £206,500 | 25 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2018 the House Price Index for CITY OF PETERBOROUGH was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £206,500 results in an estimated price of approximately £256,874.
| 25 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £206,500 | £50,374 | £256,874 |
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 | -38.334 % | £-79,158 | £127,341 |
| 3 Month Average | 19.633 % | £40,541 | £247,041 |
| 6 Month Average | 11.761 % | £24,285 | £230,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £668,548 | £660,000 | 36 RIVERSIDE GARDENS |
| 30 Mar 2023 | £499,708 | £495,000 | 21 RIVERSIDE GARDENS |
| 10 Mar 2023 | £100,951 | £100,000 | 21 ASHFIELDS THE DRIVE |
| 6 Mar 2023 | £307,901 | £305,000 | 17 THE DRIVE |
| 23 Jan 2023 | £101,522 | £102,000 | 60 ASHFIELDS THE DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 Apr 2018. Using an estimated price of £256,874 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on FAIRMEAD WAY is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairmead Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |