£195,834
This estimated value is based upon the latest sale price for the house of £113,000 on 3 Mar 2011. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£113,000 | 3 Mar 2011 |
£113,000 | 25 Aug 2006 |
£59,995 | 15 Feb 2002 |
£42,995 | 7 Sep 1998 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 March 2011 the House Price Index for CITY OF PETERBOROUGH was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £113,000 results in an estimated price of approximately £195,834.
3 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £113,000 | £82,834 | £195,834 |
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 | 50.783 % | £57,384 | £170,384 |
3 Month Average | 66.569 % | £75,222 | £188,222 |
6 Month Average | 59.553 % | £67,295 | £180,295 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £121,741 | £118,000 | 80 SOMERVILLE |
9 Oct 2023 | £81,603 | £79,750 | 11 SOMERVILLE |
8 Sep 2023 | £178,945 | £175,000 | 71 SOMERVILLE |
27 Mar 2023 | £167,802 | £165,000 | 5 SOMERVILLE |
10 Feb 2023 | £53,356 | £53,000 | 57 SOMERVILLE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Jun 2016. Using an estimated price of £195,835 means this house is valued at £3,560 per sq meter (£330 per sq foot).
The average size of a house on SOMERVILLE is 45 sq meters (487 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Somerville |
Jun 2024 | Public order | Under investigation | On or near Somerville |
Jun 2024 | Anti-social behaviour | On or near Somerville | |
Jun 2024 | Anti-social behaviour | On or near Somerville | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunnymead |