£432,202
This estimated value is based upon the latest sale price for the house of £350,000 on 7 Sep 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 |
|---|---|
| £350,000 | 7 Sep 2018 |
| £245,000 | 14 Feb 2014 |
| 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 2018 the House Price Index for CITY OF PETERBOROUGH was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £350,000 results in an estimated price of approximately £432,202.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £350,000 | £82,202 | £432,202 |
The Postcode Pricing Model uses changes in average sales price within the PE7 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 | -11.118 % | £-38,913 | £311,086 |
| 3 Month Average | 19.934 % | £69,768 | £419,768 |
| 6 Month Average | 5.612 % | £19,643 | £369,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £273,311 | £270,000 | 1 EVEREST WAY |
| 23 Sep 2022 | £570,394 | £575,000 | 27 FORREST DRIVE |
| 28 Jul 2022 | £359,969 | £359,000 | 37 EVEREST WAY |
| 27 Jul 2022 | £325,877 | £325,000 | 15 FORREST DRIVE |
| 28 Jun 2022 | £200,331 | £197,500 | 4 TILMAN DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 30 May 2018. Using an estimated price of £432,203 means this house is valued at £4,039 per sq meter (£375 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hicks Lane |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Hillary Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillary Close |
| Feb 2024 | Anti-social behaviour | On or near Bates Lane | |
| Feb 2024 | Anti-social behaviour | On or near Bates Lane |