£383,333
This estimated value is based upon the latest sale price for the house of £345,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £345,000 | 27 Aug 2021 |
| £235,000 | 19 Mar 2015 |
| £185,000 | 22 Mar 2004 |
| £137,500 | 7 Dec 2001 |
| £87,000 | 23 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2021 the House Price Index for CITY OF PETERBOROUGH was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £345,000 results in an estimated price of approximately £383,333.
| 27 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £345,000 | £38,333 | £383,333 |
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 | -26.769 % | £-92,352 | £252,647 |
| 3 Month Average | 13.312 % | £45,925 | £390,925 |
| 6 Month Average | 14.366 % | £49,562 | £394,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £374,812 | £370,000 | 1 BURWELL REACH |
| 28 Jul 2023 | £247,340 | £245,000 | 21 BURWELL REACH |
| 7 Jul 2023 | £368,486 | £365,000 | 13 BURWELL REACH |
| 18 Nov 2022 | £216,489 | £220,000 | 15 GLEMSFORD RISE |
| 14 Nov 2022 | £241,090 | £245,000 | 9 LAVENHAM COURT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 14 Oct 2014. Using an estimated price of £383,333 means this house is valued at £3,721 per sq meter (£345 per sq foot).
The average size of a house on BURWELL REACH is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burwell Reach | |
| Mar 2024 | Anti-social behaviour | On or near Burwell Reach | |
| Apr 2024 | Anti-social behaviour | On or near Barford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barford Close | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barford Close |