£216,141
This estimated value is based upon the latest sale price for the house of £67,000 on 28 Nov 2001. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £67,000 | 28 Nov 2001 |
| £45,000 | 12 Feb 1998 |
| £37,000 | 30 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| 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 November 2001 the House Price Index for CITY OF PETERBOROUGH was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £67,000 results in an estimated price of approximately £216,141.
| 28 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £67,000 | £149,141 | £216,141 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 237.326 % | £159,008 | £226,008 |
| 3 Month Average | 214.731 % | £143,870 | £210,870 |
| 6 Month Average | 232.086 % | £155,497 | £222,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £379,637 | £370,000 | 1 BURWELL REACH |
| 6 Oct 2023 | £358,134 | £350,000 | 8 BURWELL REACH |
| 29 Sep 2023 | £347,664 | £340,000 | 2 BARFORD CLOSE |
| 18 Nov 2022 | £218,976 | £220,000 | 15 GLEMSFORD RISE |
| 14 Nov 2022 | £243,860 | £245,000 | 9 LAVENHAM COURT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Nov 2018. Using an estimated price of £216,141 means this house is valued at £3,859 per sq meter (£358 per sq foot).
The average size of a house on LAVENHAM COURT is 56 sq meters (612 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Lavenham Court | |
| Jun 2024 | Anti-social behaviour | On or near Lavenham Court | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burwell Reach |
| May 2024 | Anti-social behaviour | On or near Burwell Reach | |
| May 2024 | Anti-social behaviour | On or near Burwell Reach |