£663,773
This estimated value is based upon the latest sale price for the house of £525,000 on 25 Jan 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £525,000 | 25 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 2018 the House Price Index for CITY OF PETERBOROUGH was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £525,000 results in an estimated price of approximately £663,773.
| 25 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £525,000 | £138,773 | £663,773 |
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 | 61.618 % | £323,496 | £848,496 |
| 3 Month Average | 16.769 % | £88,039 | £613,039 |
| 6 Month Average | 11.331 % | £59,487 | £584,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2024 | £364,000 | £364,000 | 56 WESTWOOD PARK ROAD |
| 25 Mar 2024 | £365,617 | £360,000 | 42 WOODFIELD ROAD |
| 19 Sep 2023 | £439,693 | £430,000 | 54 WESTWOOD PARK ROAD |
| 29 Aug 2023 | £371,704 | £365,000 | 1 WOODFIELD ROAD |
| 22 Feb 2023 | £332,219 | £330,000 | 8 WOODFIELD ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 13 Jun 2017. Using an estimated price of £663,774 means this house is valued at £3,627 per sq meter (£336 per sq foot).
The average size of a house on WESTWOOD PARK ROAD is 196 sq meters (2,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Westwood Park Road | |
| Sep 2024 | Anti-social behaviour | On or near Westwood Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Westwood Park Road |