£215,269
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Jun 2016. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£160,000 | 27 Jun 2016 |
£20,900 | 5 Nov 2001 |
£20,900 | 5 Nov 2001 |
£26,500 | 15 Sep 1995 |
Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 June 2016 the House Price Index for CITY OF PETERBOROUGH was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £160,000 results in an estimated price of approximately £215,269.
27 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £160,000 | £55,269 | £215,269 |
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 | 29.105 % | £46,568 | £206,568 |
3 Month Average | 22.190 % | £35,503 | £195,503 |
6 Month Average | 30.635 % | £49,016 | £209,016 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £164,528 | £162,000 | 80 WAINWRIGHT |
31 Jan 2023 | £305,817 | £305,000 | 31 DERWOOD GROVE |
27 May 2022 | £272,088 | £265,000 | 9 DERWOOD GROVE |
28 Oct 2021 | £265,291 | £238,000 | 22 CANDIDUS COURT |
10 Dec 2020 | £250,897 | £217,000 | 20 CANDIDUS COURT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Jun 2015. Using an estimated price of £215,270 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on DERWOOD GROVE is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merelade Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Candidus Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Candidus Court |