£251,915
This estimated value is based upon the latest sale price for the house of £226,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
There have been two burglaries within the last year on or near Morpeth Close
More crime details
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| Price Paid | Date |
|---|---|
| £226,000 | 29 Oct 2021 |
| £147,000 | 12 Mar 2004 |
| £95,000 | 23 May 2003 |
| Semi-Detached |
| Freehold |
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 October 2021 the House Price Index for CITY OF PETERBOROUGH was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £226,000 results in an estimated price of approximately £251,915.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £226,000 | £25,915 | £251,915 |
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 | 38.527 % | £87,070 | £313,070 |
| 3 Month Average | 0.543 % | £1,226 | £227,226 |
| 6 Month Average | 12.280 % | £27,753 | £253,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £179,558 | £175,000 | 18 BASIL GREEN |
| 9 Oct 2023 | £260,926 | £255,000 | 35 NEWCASTLE DRIVE |
| 7 Sep 2023 | £204,508 | £200,000 | 34 NEWCASTLE DRIVE |
| 24 Oct 2022 | £239,201 | £240,000 | 10 NANSICLES ROAD |
| 22 Jul 2022 | £328,289 | £325,000 | 29 NANSICLES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Morpeth Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Morpeth Close |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Morpeth Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caryer Close |
| Jul 2024 | Drugs | Local resolution | On or near Shrewsbury Avenue |