£547,440
This estimated value is based upon the latest sale price for the house of £550,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £550,000 | 25 Nov 2022 |
| £245,000 | 7 Mar 2008 |
| Semi-Detached |
| Freehold |
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 2022 the House Price Index for CITY OF PETERBOROUGH was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £550,000 results in an estimated price of approximately £547,440.
| 25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £550,000 | £-2,559 | £547,440 |
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 | 8.762 % | £48,193 | £598,193 |
| 3 Month Average | -12.407 % | £-68,240 | £481,759 |
| 6 Month Average | -6.831 % | £-37,571 | £512,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £185,706 | £180,000 | 26 CHURCH STREET |
| 10 Nov 2023 | £415,548 | £405,000 | 12 RIVERSIDE MEAD |
| 10 Nov 2023 | £415,548 | £405,000 | 65 RIVERSIDE MEAD |
| 11 Jan 2023 | £461,232 | £460,000 | 62 RIVERSIDE MEAD |
| 25 Nov 2022 | £547,440 | £550,000 | 32 RIDGEWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Ridgeway |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Riverside Mead |
| Jul 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jul 2024 | Anti-social behaviour | On or near Burystead | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burystead |