£307,185
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 31 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2020 the House Price Index for CITY OF PETERBOROUGH was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £250,000 results in an estimated price of approximately £307,185.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £250,000 | £57,185 | £307,185 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | -4.963 % | £-12,406 | £237,593 |
| 3 Month Average | 13.671 % | £34,178 | £284,178 |
| 6 Month Average | 13.484 % | £33,710 | £283,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £205,209 | £200,000 | 16 PARK ROAD |
| 15 Sep 2023 | £189,165 | £184,995 | 47 PATRIOT CLOSE |
| 8 Sep 2023 | £429,467 | £420,000 | 4 PENNYGATE GARDENS |
| 25 Aug 2023 | £131,369 | £129,000 | 51 PATRIOT CLOSE |
| 9 Jun 2023 | £117,352 | £115,000 | 63 WINSOVER ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 9 Nov 2019. Using an estimated price of £307,186 means this house is valued at £1,907 per sq meter (£177 per sq foot).
The average size of a house on PARK ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patriot Close |
| Jul 2024 | Anti-social behaviour | On or near Patriot Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Patriot Close |
| Jul 2024 | Anti-social behaviour | On or near Patriot Close | |
| Jul 2024 | Anti-social behaviour | On or near Patriot Close |