£165,926
This estimated value is based upon the latest sale price for the house of £92,000 on 24 Jan 2006. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£92,000 | 24 Jan 2006 |
£46,995 | 6 Jul 2000 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 2006 the House Price Index for CITY OF PETERBOROUGH was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £92,000 results in an estimated price of approximately £165,926.
24 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.355 % | £92,000 | £73,926 | £165,926 |
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 | 22.201 % | £20,424 | £112,424 |
3 Month Average | 43.786 % | £40,283 | £132,283 |
6 Month Average | 56.155 % | £51,662 | £143,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £222,139 | £216,500 | 3 ST MARTINS STREET |
8 Jun 2023 | £178,579 | £175,000 | 96 ALMA ROAD |
3 Feb 2023 | £256,715 | £255,000 | 12 VICTORIA STREET |
20 Jan 2023 | £155,415 | £155,000 | 12 ALMA ROAD |
25 Aug 2022 | £150,705 | £150,000 | 4 ALMA ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Jun 2015. Using an estimated price of £165,926 means this house is valued at £2,962 per sq meter (£275 per sq foot).
The average size of a house on ALMA ROAD is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Road |
Aug 2024 | Anti-social behaviour | On or near Alma Road | |
Aug 2024 | Anti-social behaviour | On or near Alma Road | |
Aug 2024 | Anti-social behaviour | On or near Alma Road | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Street |