£118,849
This estimated value is based upon the latest sale price for the house of £95,500 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £95,500 | 18 Jan 2019 |
| £97,000 | 28 Oct 2005 |
| £62,000 | 28 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 January 2019 the House Price Index for CITY OF PETERBOROUGH was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £95,500 results in an estimated price of approximately £118,849.
| 18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £95,500 | £23,349 | £118,849 |
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 | -8.598 % | £-8,210 | £87,289 |
| 3 Month Average | 13.935 % | £13,307 | £108,807 |
| 6 Month Average | 20.615 % | £19,687 | £115,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £117,995 | £115,000 | 41 OAKLANDS |
| 23 Aug 2023 | £170,067 | £167,000 | 5 HUNTLY GROVE |
| 10 Aug 2023 | £153,264 | £150,500 | 1 HUNTLY GROVE |
| 6 Apr 2023 | £175,278 | £172,000 | 7 BEDFORD STREET |
| 7 Feb 2023 | £130,874 | £130,000 | 34 OAKLANDS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Mar 2020. Using an estimated price of £118,850 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on OAKLANDS is 54 sq meters (590 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Oaklands |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bedford Street |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bedford Street |
| Oct 2024 | Anti-social behaviour | On or near Bedford Street |