£161,283
This estimated value is based upon the latest sale price for the house of £86,000 on 31 Mar 2005. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £86,000 | 31 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2005 the House Price Index for CITY OF PETERBOROUGH was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £86,000 results in an estimated price of approximately £161,283.
| 31 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £86,000 | £75,283 | £161,283 |
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 | 43.345 % | £37,276 | £123,276 |
| 3 Month Average | 60.358 % | £51,907 | £137,907 |
| 6 Month Average | 69.566 % | £59,826 | £145,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £223,000 | £223,000 | 24 WAKE ROAD |
| 24 Feb 2023 | £191,278 | £190,000 | 8 SOUTH STREET |
| 24 Feb 2023 | £181,210 | £180,000 | 9 SOUTH STREET |
| 26 Jul 2022 | £181,822 | £180,000 | 40 SOUTH STREET |
| 1 Apr 2022 | £191,923 | £185,000 | 41 SOUTH STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Dec 2014. Using an estimated price of £161,283 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on SOUTH STREET is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near South Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near South Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Street |