£865,263
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,000 | 4 Jan 2002 |
| Detached |
| Freehold |
| 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 January 2002 the House Price Index for CITY OF PETERBOROUGH was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £275,000 results in an estimated price of approximately £865,263.
| 4 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £275,000 | £590,263 | £865,263 |
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 | 126.759 % | £348,587 | £623,587 |
| 3 Month Average | 167.833 % | £461,540 | £736,540 |
| 6 Month Average | 201.972 % | £555,422 | £830,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2022 | £182,688 | £175,000 | 67 PARLIAMENT STREET |
| 16 Mar 2022 | £140,931 | £135,000 | 36 PARLIAMENT STREET |
| 28 Feb 2022 | £739,520 | £700,000 | 395 LINCOLN ROAD |
| 2 Feb 2022 | £180,654 | £171,000 | 19 STONE LANE |
| 21 Jan 2022 | £402,875 | £380,000 | 268A LINCOLN ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Dec 2014. Using an estimated price of £865,263 means this house is valued at £13,110 per sq meter (£1,217 per sq foot).
The average size of a house on LINCOLN ROAD is 94 sq meters (1,021 sq feet).