£177,114
This estimated value is based upon the latest sale price for the house of £172,500 on 12 May 2022. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £172,500 | 12 May 2022 |
| £162,750 | 30 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 May 2022 the House Price Index for CITY OF PETERBOROUGH was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £172,500 results in an estimated price of approximately £177,114.
| 12 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £172,500 | £4,614 | £177,114 |
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 | 22.747 % | £39,238 | £211,738 |
| 3 Month Average | 5.952 % | £10,267 | £182,767 |
| 6 Month Average | 0.234 % | £403 | £172,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £121,051 | £120,000 | FLAT 22 THE APEX, 2 OUNDLE ROAD |
| 12 Apr 2024 | £1,714,892 | £1,700,000 | K F C LONDON ROAD |
| 10 Nov 2023 | £152,881 | £149,000 | 86 HAWKSBILL WAY |
| 29 Jun 2023 | £132,658 | £130,000 | FLAT 26 THE APEX, 2 OUNDLE ROAD |
| 18 May 2022 | £136,044 | £132,500 | FLAT 9 THE APEX, 2 OUNDLE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 21 Jun 2016. Using an estimated price of £177,114 means this house is valued at £2,035 per sq meter (£189 per sq foot).
The average size of a house on HAWKSBILL WAY is 96 sq meters (1,039 sq feet).