£120,656
This estimated value is based upon the latest sale price for the house of £75,000 on 11 May 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 |
|---|---|
| £75,000 | 11 May 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 May 2007 the House Price Index for CITY OF PETERBOROUGH was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £75,000 results in an estimated price of approximately £120,656.
| 11 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £75,000 | £45,656 | £120,656 |
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 | 42.177 % | £31,632 | £106,632 |
| 3 Month Average | 48.682 % | £36,511 | £111,511 |
| 6 Month Average | 56.756 % | £42,566 | £117,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £262,000 | £262,000 | 1 SOBRITE WAY |
| 28 Nov 2023 | £115,174 | £112,250 | 12 SOBRITE WAY |
| 24 Nov 2023 | £369,376 | £360,000 | 3 BARBERS HILL |
| 14 Oct 2022 | £256,144 | £257,000 | 20 TANGLEWOOD |
| 27 May 2022 | £360,389 | £351,000 | 27 BARBERS HILL |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 2 Oct 2015. Using an estimated price of £120,656 means this house is valued at £1,182 per sq meter (£109 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sobrite Way | |
| Apr 2024 | Anti-social behaviour | On or near Sobrite Way | |
| Apr 2024 | Anti-social behaviour | On or near Sobrite Way | |
| Apr 2024 | Anti-social behaviour | On or near Sobrite Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barbers Hill |