£225,935
This estimated value is based upon the latest sale price for the house of £227,000 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £227,000 | 31 Jan 2023 |
| £115,000 | 23 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2023 the House Price Index for CITY OF PETERBOROUGH was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £227,000 results in an estimated price of approximately £225,935.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £227,000 | £-1,064 | £225,935 |
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 | -6.264 % | £-14,218 | £212,781 |
| 3 Month Average | -2.350 % | £-5,334 | £221,665 |
| 6 Month Average | -12.866 % | £-29,205 | £197,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £304,508 | £300,000 | UNIT 8 ALPHA BUSINESS CENTRE MALLARD ROAD |
| 28 Apr 2023 | £285,575 | £282,500 | 15 MARHOLM ROAD |
| 31 Mar 2023 | £218,054 | £216,000 | 52 WALTON PARK |
| 31 Jan 2023 | £225,936 | £227,000 | 4 MEAD CLOSE |
| 18 Feb 2022 | £85,993 | £82,000 | 189 WALTON PARK |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Jun 2015. Using an estimated price of £225,936 means this house is valued at £2,658 per sq meter (£246 per sq foot).
The average size of a house on MEAD CLOSE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mead Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mead Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Mead Close |
| Apr 2024 | Anti-social behaviour | On or near Marholm Road |