£548,361
This estimated value is based upon the latest sale price for the house of £249,995 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £249,995 | 19 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,896 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 December 2003 the House Price Index for CITY OF PETERBOROUGH was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £249,995 results in an estimated price of approximately £548,361.
| 19 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £249,995 | £298,366 | £548,361 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 130.316 % | £325,783 | £575,778 |
| 3 Month Average | 94.464 % | £236,155 | £486,150 |
| 6 Month Average | 112.147 % | £280,361 | £530,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £488,152 | £480,000 | 14 CARRIER CLOSE |
| 1 Feb 2023 | £312,085 | £310,000 | 3 CARRIER CLOSE |
| 30 Jan 2023 | £411,098 | £410,000 | 2 CARRIER CLOSE |
| 22 Apr 2022 | £248,981 | £240,000 | 11 CAMPAIGN AVENUE |
| 4 Apr 2022 | £233,420 | £225,000 | 1 DRIFFIELD WAY |
This house has a floor area of 176 sq meters or 1,896 sq feet when measured on 28 Jan 2010. Using an estimated price of £548,362 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on DRIFFIELD WAY is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Driffield Way |
| Jun 2024 | Anti-social behaviour | On or near Ruther Close | |
| Jun 2024 | Anti-social behaviour | On or near Ruther Close | |
| Jul 2024 | Burglary | Under investigation | On or near Oswald Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oswald Road |