£299,193
This estimated value is based upon the latest sale price for the house of £290,000 on 8 Dec 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 |
|---|---|
| £290,000 | 8 Dec 2023 |
| £154,000 | 25 Oct 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2023 the House Price Index for CITY OF PETERBOROUGH was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £290,000 results in an estimated price of approximately £299,193.
| 8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £290,000 | £9,193 | £299,193 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 8.259 % | £23,951 | £313,951 |
| 3 Month Average | 4.910 % | £14,237 | £304,237 |
| 6 Month Average | -1.276 % | £-3,698 | £286,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £299,194 | £290,000 | 4 WRIGHT AVENUE |
| 23 Nov 2023 | £266,772 | £260,000 | 186 SOUTHFIELDS AVENUE |
| 19 Apr 2023 | £295,528 | £290,000 | 12 ALLAN AVENUE |
| 17 Mar 2023 | £265,433 | £261,000 | 6 ALLAN AVENUE |
| 27 Feb 2023 | £297,991 | £296,000 | 41 CENTRAL SQUARE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Sep 2013. Using an estimated price of £299,194 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on WRIGHT AVENUE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wright Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wright Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Wright Avenue |
| Jul 2024 | Anti-social behaviour | On or near Southfields Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Southfields Avenue |