£225,452
This estimated value is based upon the latest sale price for the house of £69,000 on 31 Oct 2001. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £69,000 | 31 Oct 2001 |
| £41,000 | 5 Jun 1998 |
| Semi-Detached |
| Freehold |
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 October 2001 the House Price Index for CITY OF PETERBOROUGH was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £69,000 results in an estimated price of approximately £225,452.
| 31 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £69,000 | £156,452 | £225,452 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | 165.365 % | £114,101 | £183,101 |
| 3 Month Average | 193.804 % | £133,724 | £202,724 |
| 6 Month Average | 225.806 % | £155,806 | £224,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £157,000 | £157,000 | 8 WETHERBY WAY |
| 14 Dec 2023 | £226,974 | £220,000 | 26 WETHERBY WAY |
| 12 Oct 2023 | £184,183 | £180,000 | 175 PADHOLME ROAD |
| 5 Oct 2023 | £98,933 | £96,686 | 189 PADHOLME ROAD |
| 19 May 2022 | £110,119 | £107,250 | 31 BURTON COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellows Close |
| Sep 2024 | Anti-social behaviour | On or near Mellows Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellows Close |
| Sep 2024 | Anti-social behaviour | On or near Mellows Close | |
| Sep 2024 | Anti-social behaviour | On or near Mellows Close |