£128,640
This estimated value is based upon the latest sale price for the house of £124,000 on 14 Apr 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 |
|---|---|
| £124,000 | 14 Apr 2022 |
| £104,500 | 14 Dec 2007 |
| £66,500 | 11 Jul 2003 |
| £41,500 | 27 Jul 2001 |
| £29,500 | 12 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 424 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 April 2022 the House Price Index for CITY OF PETERBOROUGH was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £124,000 results in an estimated price of approximately £128,640.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £124,000 | £4,640 | £128,640 |
The Postcode Pricing Model uses changes in average sales price within the PE4 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 | -2.560 % | £-3,174 | £120,825 |
| 3 Month Average | -12.263 % | £-15,206 | £108,793 |
| 6 Month Average | -9.077 % | £-11,255 | £112,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £177,542 | £176,000 | 26 PENRITH GROVE |
| 14 Dec 2023 | £144,438 | £140,000 | 14 NIGHTINGALE COURT |
| 20 Oct 2023 | £148,370 | £145,000 | 25 NIGHTINGALE COURT |
| 6 Oct 2023 | £115,626 | £113,000 | 16 PENRITH GROVE |
| 5 Sep 2023 | £219,846 | £215,000 | 37 PENRITH GROVE |
This house has a floor area of 39 sq meters or 424 sq feet when measured on 2 Feb 2012. Using an estimated price of £128,640 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on PENRITH GROVE is 59 sq meters (643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penrith Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penrith Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penrith Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penrith Grove |
| May 2024 | Anti-social behaviour | On or near Nightingale Court |