£187,449
This estimated value is based upon the latest sale price for the house of £151,000 on 30 Nov 2018. 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 Elborne Way
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| Price Paid | Date |
|---|---|
| £151,000 | 30 Nov 2018 |
| £68,500 | 19 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2018 the House Price Index for CITY OF PETERBOROUGH was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £151,000 results in an estimated price of approximately £187,449.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £151,000 | £36,449 | £187,449 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | -3.426 % | £-5,172 | £145,827 |
| 3 Month Average | 14.244 % | £21,508 | £172,508 |
| 6 Month Average | 23.773 % | £35,897 | £186,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £162,440 | £162,440 | 37 NEWARK ROAD |
| 26 Apr 2024 | £247,146 | £245,000 | 11 AUGUSTA CLOSE |
| 29 Sep 2023 | £260,748 | £255,000 | 59 MEADENVALE |
| 8 Jun 2023 | £204,090 | £200,000 | 23 MARRIOTT COURT |
| 24 Feb 2023 | £100,672 | £100,000 | 71 MEADENVALE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 Feb 2014. Using an estimated price of £187,449 means this house is valued at £3,072 per sq meter (£285 per sq foot).
The average size of a house on NEWARK ROAD is 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elborne Way |
| Oct 2024 | Burglary | Under investigation | On or near Elborne Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elborne Way |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elborne Way |
| Oct 2024 | Public order | Under investigation | On or near Wolf Square |