£456,127
This estimated value is based upon the latest sale price for the house of £425,000 on 21 Sep 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 |
|---|---|
| £425,000 | 21 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 September 2021 the House Price Index for CITY OF PETERBOROUGH was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £425,000 results in an estimated price of approximately £456,127.
| 21 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £425,000 | £31,127 | £456,127 |
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 | -7.639 % | £-32,465 | £392,534 |
| 3 Month Average | 8.858 % | £37,644 | £462,644 |
| 6 Month Average | -22.330 % | £-94,903 | £330,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £181,328 | £179,000 | 9 GROVELANDS |
| 9 Mar 2023 | £135,734 | £135,000 | 17 AMANDA COURT THORPE LEA ROAD |
| 22 Feb 2023 | £378,211 | £380,000 | BROWN HOUSE THORPE LEA ROAD |
| 7 Feb 2023 | £126,900 | £127,500 | 10 GROVELANDS |
| 11 Nov 2022 | £105,785 | £107,500 | 8 GROVELANDS |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 20 Feb 2014. Using an estimated price of £456,128 means this house is valued at £3,040 per sq meter (£282 per sq foot).
The average size of a house on THORPE LEA ROAD is 130 sq meters (1,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kirkwood Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Kirkwood Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkwood Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kirkwood Close |