£296,052
This estimated value is based upon the latest sale price for the house of £247,500 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
There has been one burglary within the last year on or near Newbey Close
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| Price Paid | Date |
|---|---|
| £247,500 | 25 Sep 2020 |
| £195,000 | 22 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for CITY OF PETERBOROUGH was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £247,500 results in an estimated price of approximately £296,052.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £247,500 | £48,552 | £296,052 |
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 | 53.374 % | £132,099 | £379,599 |
| 3 Month Average | 18.185 % | £45,008 | £292,508 |
| 6 Month Average | 19.630 % | £48,585 | £296,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £412,681 | £400,000 | 40 ELMORE ROAD |
| 4 Dec 2023 | £371,413 | £360,000 | 55 WALCOT WALK |
| 20 Sep 2023 | £337,439 | £330,000 | 37 ELMORE ROAD |
| 29 Jul 2022 | £282,834 | £280,000 | 1 ARBURY CLOSE |
| 5 Jul 2022 | £444,453 | £440,000 | 11 ARBURY CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 6 Nov 2019. Using an estimated price of £296,052 means this house is valued at £3,052 per sq meter (£283 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Newbey Close |
| Oct 2024 | Anti-social behaviour | On or near Newbey Close | |
| Sep 2024 | Public order | Under investigation | On or near Arbury Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Artindale |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Heaton Close |