£208,005
This estimated value is based upon the latest sale price for the house of £109,500 on 15 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 |
|---|---|
| £109,500 | 15 Dec 2004 |
| £95,500 | 10 Sep 2004 |
| £72,500 | 23 Jul 2002 |
| £38,000 | 3 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £109,500 results in an estimated price of approximately £208,005.
| 15 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £109,500 | £98,505 | £208,005 |
The Postcode Pricing Model uses changes in average sales price within the PE3 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 | 119.322 % | £130,657 | £240,157 |
| 3 Month Average | 91.172 % | £99,833 | £209,333 |
| 6 Month Average | 91.218 % | £99,884 | £209,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £162,000 | £162,000 | 44 LEA GARDENS |
| 5 Apr 2024 | £559,862 | £555,000 | 3 THORPE LEA ROAD |
| 20 Oct 2023 | £292,647 | £286,000 | 71 THORPE LEA ROAD |
| 22 Sep 2023 | £332,326 | £325,000 | 55 LEA GARDENS |
| 25 Aug 2023 | £183,306 | £180,000 | 3 RIVER LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Jul 2016. Using an estimated price of £208,006 means this house is valued at £3,151 per sq meter (£292 per sq foot).
The average size of a house on STANWICK COURT is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near River Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near River Lane |
| Oct 2024 | Public order | Under investigation | On or near River Lane |
| Aug 2024 | Drugs | Offender given a caution | On or near River Lane |
| Aug 2024 | Drugs | Awaiting court outcome | On or near River Lane |