£165,863
This estimated value is based upon the latest sale price for the house of £96,000 on 2 Feb 2012. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £96,000 | 2 Feb 2012 |
| £109,995 | 18 Mar 2005 |
| £63,500 | 15 Feb 2002 |
| £51,250 | 31 May 2000 |
| £38,000 | 12 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 623 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 February 2012 the House Price Index for CITY OF PETERBOROUGH was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £96,000 results in an estimated price of approximately £165,863.
| 2 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £96,000 | £69,863 | £165,863 |
The Postcode Pricing Model uses changes in average sales price within the PE4 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 | 63.006 % | £60,485 | £156,485 |
| 3 Month Average | 62.723 % | £60,213 | £156,213 |
| 6 Month Average | 64.062 % | £61,499 | £157,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £232,015 | £230,000 | 23 KENDAL CLOSE |
| 23 Aug 2023 | £206,729 | £203,000 | 32 BOWNESS WAY |
| 24 Mar 2023 | £222,211 | £218,500 | 26 BOWNESS WAY |
| 10 Mar 2023 | £183,057 | £180,000 | 10 WASDALE GARDENS |
| 21 Feb 2023 | £232,553 | £231,000 | 46 BOWNESS WAY |
This house has a floor area of 57 sq meters or 623 sq feet when measured on 14 Dec 2011. Using an estimated price of £165,863 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on BOWNESS WAY is 62 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowness Way |
| Apr 2024 | Other crime | Offender given a caution | On or near Bowness Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wasdale Gardens |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wasdale Gardens |
| May 2024 | Anti-social behaviour | On or near Paston Parkway |