£305,105
This estimated value is based upon the latest sale price for the house of £200,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
There has been one burglary within the last year on or near Newbey Close
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| Price Paid | Date |
|---|---|
| £200,000 | 7 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for CITY OF PETERBOROUGH was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £200,000 results in an estimated price of approximately £305,105.
| 7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £200,000 | £105,105 | £305,105 |
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 | 70.535 % | £141,070 | £341,070 |
| 3 Month Average | 69.611 % | £139,222 | £339,222 |
| 6 Month Average | 60.409 % | £120,818 | £320,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £412,681 | £400,000 | 40 ELMORE ROAD |
| 4 Dec 2023 | £371,413 | £360,000 | 55 WALCOT WALK |
| 20 Sep 2023 | £337,439 | £330,000 | 37 ELMORE ROAD |
| 29 Jul 2022 | £282,834 | £280,000 | 1 ARBURY CLOSE |
| 5 Jul 2022 | £444,453 | £440,000 | 11 ARBURY CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 9 Aug 2013. Using an estimated price of £305,106 means this house is valued at £2,851 per sq meter (£264 per sq foot).
The average size of a house on ELMORE ROAD is 123 sq meters (1,332 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Newbey Close |
| Oct 2024 | Anti-social behaviour | On or near Newbey Close | |
| Sep 2024 | Public order | Under investigation | On or near Arbury Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Heaton Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heaton Close |