£216,848
This estimated value is based upon the latest sale price for the house of £115,000 on 10 Dec 2004. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £115,000 | 10 Dec 2004 |
| £106,000 | 27 Aug 2004 |
| £59,500 | 16 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 December 2004 the House Price Index for CITY OF PETERBOROUGH was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £115,000 results in an estimated price of approximately £216,848.
| 10 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £115,000 | £101,848 | £216,848 |
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 | 90.405 % | £103,966 | £218,966 |
| 3 Month Average | 81.329 % | £93,528 | £208,528 |
| 6 Month Average | 72.847 % | £83,774 | £198,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £220,578 | £218,500 | 26 BOWNESS WAY |
| 10 Mar 2023 | £181,712 | £180,000 | 10 WASDALE GARDENS |
| 21 Feb 2023 | £230,845 | £231,000 | 46 BOWNESS WAY |
| 8 Sep 2022 | £238,077 | £240,000 | 23 KENDAL CLOSE |
| 24 Nov 2021 | £292,009 | £270,000 | 12 KENDAL CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 1 Feb 2017. Using an estimated price of £216,848 means this house is valued at £3,738 per sq meter (£347 per sq foot).
The average size of a house on BOWNESS WAY is 62 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Offender given a caution | On or near Bowness Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wasdale Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mealsgate |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Mealsgate |
| Apr 2024 | Vehicle crime | Under investigation | On or near Patterdale Drive |