£642,364
This estimated value is based upon the latest sale price for the house of £550,000 on 18 Nov 2020. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £550,000 | 18 Nov 2020 |
| £353,000 | 4 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 2020 the House Price Index for CITY OF PETERBOROUGH was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £550,000 results in an estimated price of approximately £642,364.
| 18 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £550,000 | £92,364 | £642,364 |
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 | -9.771 % | £-53,739 | £496,260 |
| 3 Month Average | 7.167 % | £39,420 | £589,420 |
| 6 Month Average | 6.301 % | £34,656 | £584,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £190,865 | £185,000 | 4 VERGETTE STREET |
| 6 Apr 2023 | £175,278 | £172,000 | 7 BEDFORD STREET |
| 31 Mar 2023 | £153,056 | £150,500 | 7 VERGETTE STREET |
| 8 Mar 2023 | £122,038 | £120,000 | 4 STUART COURT |
| 2 Mar 2023 | £157,632 | £155,000 | 7 PRINCES GARDENS |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 11 Dec 2019. Using an estimated price of £642,365 means this house is valued at £3,244 per sq meter (£301 per sq foot).
The average size of a house on PRINCES GARDENS is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Princes Gardens |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Princes Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Princes Gardens |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Princes Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Close |