£233,060
This estimated value is based upon the latest sale price for the house of £49,950 on 27 Aug 1998. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £49,950 | 27 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 August 1998 the House Price Index for CITY OF PETERBOROUGH was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £49,950 results in an estimated price of approximately £233,060.
| 27 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £49,950 | £183,110 | £233,060 |
The Postcode Pricing Model uses changes in average sales price within the PE3 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 | 442.729 % | £221,143 | £271,093 |
| 3 Month Average | 357.656 % | £178,648 | £228,598 |
| 6 Month Average | 342.331 % | £170,994 | £220,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £167,938 | £165,000 | 18 NEW HUNTING COURT THORPE ROAD |
| 15 Nov 2023 | £181,690 | £179,000 | 9 GROVELANDS |
| 15 Nov 2023 | £122,311 | £120,500 | 21 NEW HUNTING COURT THORPE ROAD |
| 14 Sep 2023 | £430,504 | £425,000 | 7 WALNUT MEWS |
| 9 Mar 2023 | £136,284 | £135,000 | 17 AMANDA COURT THORPE LEA ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 8 Jun 2020. Using an estimated price of £233,061 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on GROVELANDS is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Mews |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Mews |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkwood Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kirkwood Close |