£140,426
This estimated value is based upon the latest sale price for the house of £113,000 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £113,000 | 13 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2018 the House Price Index for CITY OF PETERBOROUGH was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £113,000 results in an estimated price of approximately £140,426.
| 13 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £113,000 | £27,426 | £140,426 |
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 | 9.200 % | £10,395 | £123,395 |
| 3 Month Average | 18.234 % | £20,604 | £133,604 |
| 6 Month Average | 22.911 % | £25,889 | £138,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £162,497 | £160,000 | 334 LINCOLN ROAD |
| 8 Dec 2023 | £180,548 | £175,000 | 92 HARRIS STREET |
| 30 Oct 2023 | £148,370 | £145,000 | 4 OCCUPATION ROAD |
| 21 Jun 2023 | £183,681 | £180,000 | 342 LINCOLN ROAD |
| 24 Jun 2022 | £168,604 | £165,000 | 402 LINCOLN ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Jul 2019. Using an estimated price of £140,426 means this house is valued at £1,823 per sq meter (£169 per sq foot).
The average size of a house on LINCOLN ROAD is 94 sq meters (1,021 sq feet).