£1,063,814
This estimated value is based upon the latest sale price for the house of £1,000,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £1,000,000 | 3 Sep 2021 |
| £300,000 | 13 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 2021 the House Price Index for CITY OF PETERBOROUGH was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,063,814.
| 3 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £1,000,000 | £63,814 | £1,063,814 |
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 | -3.032 % | £-30,322 | £969,677 |
| 3 Month Average | 3.183 % | £31,834 | £1,031,834 |
| 6 Month Average | -25.422 % | £-254,217 | £745,782 |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 28 Jun 2021.
The average size of a house on THORPE AVENUE is 237 sq meters (2,561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorpe Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Michael Taylor Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Road |
| Feb 2024 | Drugs | Under investigation | On or near Woodfield Road |