£679,714
This estimated value is based upon the latest sale price for the house of £550,000 on 23 Dec 2019. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £550,000 | 23 Dec 2019 |
| £650,000 | 30 Jun 2017 |
| 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 2019 the House Price Index for CITY OF PETERBOROUGH was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £550,000 results in an estimated price of approximately £679,714.
| 23 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £550,000 | £129,714 | £679,714 |
The Postcode Pricing Model uses changes in average sales price within the PE6 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 | 11.723 % | £64,476 | £614,476 |
| 3 Month Average | 11.628 % | £63,955 | £613,955 |
| 6 Month Average | 16.345 % | £89,896 | £639,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £1,570,000 | £1,570,000 | OLD RECTORY RECTORY LANE |
| 4 Oct 2023 | £383,715 | £375,000 | 3 FIRDALE CLOSE |
| 7 Aug 2023 | £448,082 | £440,000 | 29 ST PEGAS ROAD |
| 30 Jun 2022 | £365,309 | £357,500 | 8 RECTORY LANE |
| 1 Mar 2022 | £521,967 | £500,000 | 41 ST PEGAS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Local resolution | On or near Penwald Court |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penwald Court |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near The Sanderlings |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near St Pega'S Road |
| May 2024 | Anti-social behaviour | On or near Bull Lane |