£259,749
This estimated value is based upon the latest sale price for the house of £210,000 on 3 Aug 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 |
|---|---|
| £210,000 | 3 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2018 the House Price Index for CITY OF PETERBOROUGH was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £210,000 results in an estimated price of approximately £259,749.
| 3 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £210,000 | £49,749 | £259,749 |
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 | 143.797 % | £301,974 | £511,974 |
| 3 Month Average | 34.130 % | £71,673 | £281,673 |
| 6 Month Average | 26.135 % | £54,883 | £264,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £278,562 | £275,000 | 50 DESBOROUGH AVENUE |
| 2 Aug 2023 | £277,427 | £275,000 | 49 DESBOROUGH AVENUE |
| 12 Sep 2022 | £297,597 | £300,000 | 3 BEW CLOSE |
| 31 Aug 2022 | £267,281 | £268,000 | 31 DESBOROUGH AVENUE |
| 30 Jun 2022 | £279,956 | £276,000 | 24 DESBOROUGH AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Mar 2018. Using an estimated price of £259,750 means this house is valued at £3,558 per sq meter (£330 per sq foot).
The average size of a house on DESBOROUGH AVENUE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Mace Road |
| Mar 2024 | Other crime | Under investigation | On or near Mace Road |
| Feb 2024 | Other crime | Under investigation | On or near Lares Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lares Avenue |