£459,680
This estimated value is based upon the latest sale price for the house of £300,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £300,000 | 14 Dec 2007 |
| £204,995 | 13 Dec 2002 |
| 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 December 2007 the House Price Index for CITY OF PETERBOROUGH was 95.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.227%.Applying this 53.227% change to the original purchase price of £300,000 results in an estimated price of approximately £459,680.
| 14 Dec 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 146.7 | 53.227 % | £300,000 | £159,680 | £459,680 |
The Postcode Pricing Model uses changes in average sales price within the PE7 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 | 54.578 % | £163,734 | £463,734 |
| 3 Month Average | 10.432 % | £31,295 | £331,295 |
| 6 Month Average | 31.446 % | £94,339 | £394,339 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Reedland Way |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Reedland Way |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Reedland Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Higney Road |
| Mar 2024 | Other theft | Action to be taken by another organisation | On or near Park Home Road |