£162,088
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Jul 2021. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £140,000 | 21 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 July 2021 the House Price Index for CITY OF PETERBOROUGH was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £140,000 results in an estimated price of approximately £162,088.
| 21 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £140,000 | £22,088 | £162,088 |
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 | -7.962 % | £-11,147 | £128,852 |
| 3 Month Average | 6.473 % | £9,062 | £149,062 |
| 6 Month Average | 13.164 % | £18,429 | £158,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £162,497 | £160,000 | 334 LINCOLN ROAD |
| 21 Jun 2023 | £183,681 | £180,000 | 342 LINCOLN ROAD |
| 3 Mar 2023 | £189,159 | £186,000 | FLAT 1 1 SEARJEANT STREET |
| 24 Jun 2022 | £168,604 | £165,000 | 402 LINCOLN ROAD |
| 25 Mar 2022 | £182,688 | £175,000 | 67 PARLIAMENT STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Sep 2018. Using an estimated price of £162,088 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on LINCOLN ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Bus/Coach Station |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bus/Coach Station |
| Oct 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Oct 2024 | Public order | Awaiting court outcome | On or near Bus/Coach Station |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bus/Coach Station |