£86,343
This estimated value is based upon the latest sale price for the house of £75,500 on 22 Feb 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 |
|---|---|
| £75,500 | 22 Feb 2021 |
| £75,995 | 22 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 February 2021 the House Price Index for CITY OF PETERBOROUGH was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £75,500 results in an estimated price of approximately £86,343.
| 22 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £75,500 | £10,843 | £86,343 |
The Postcode Pricing Model uses changes in average sales price within the PE4 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 | 1.334 % | £1,007 | £76,507 |
| 3 Month Average | 0.148 % | £112 | £75,612 |
| 6 Month Average | 11.314 % | £8,541 | £84,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £177,731 | £175,000 | 1 IVY GROVE |
| 16 Oct 2023 | £225,113 | £220,000 | 6 CHILTERN RISE |
| 29 Jun 2023 | £205,110 | £201,000 | 11 MALVERN ROAD |
| 16 Jun 2023 | £250,010 | £245,000 | 50 PENNINE WAY |
| 24 Mar 2023 | £236,957 | £233,000 | 34 PENNINE WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 20 Jul 2020. Using an estimated price of £86,343 means this house is valued at £1,877 per sq meter (£174 per sq foot).
The average size of a house on CHILTERN RISE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Chiltern Rise |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summer Hill Close |
| Jun 2024 | Other theft | Local resolution | On or near Summer Hill Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Hill Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Summer Hill Close |