£448,450
This estimated value is based upon the latest sale price for the house of £363,000 on 30 Oct 2019. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £363,000 | 30 Oct 2019 |
| Freehold |
| Floor Area: 44 sq meters or 473 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 October 2019 the House Price Index for CITY OF PETERBOROUGH was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £363,000 results in an estimated price of approximately £448,450.
| 30 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £363,000 | £85,450 | £448,450 |
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 | 1.882 % | £6,830 | £369,830 |
| 3 Month Average | -0.148 % | £-537 | £362,462 |
| 6 Month Average | 18.474 % | £67,060 | £430,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £190,865 | £185,000 | 4 VERGETTE STREET |
| 6 Apr 2023 | £175,278 | £172,000 | 7 BEDFORD STREET |
| 31 Mar 2023 | £153,056 | £150,500 | 7 VERGETTE STREET |
| 8 Mar 2023 | £122,038 | £120,000 | 4 STUART COURT |
| 19 Oct 2022 | £149,501 | £150,000 | 12 VERGETTE STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 3 Jul 2019. Using an estimated price of £448,450 means this house is valued at £10,192 per sq meter (£946 per sq foot).
The average size of a house on VERGETTE STREET is 74 sq meters (801 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Bedford Street | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bedford Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bedford Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bedford Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bedford Street |