£419,048
This estimated value is based upon the latest sale price for the house of £285,000 on 5 May 2015. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £285,000 | 5 May 2015 |
| £184,000 | 3 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 May 2015 the House Price Index for CITY OF PETERBOROUGH was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £285,000 results in an estimated price of approximately £419,048.
| 5 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £285,000 | £134,048 | £419,048 |
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 | 23.189 % | £66,087 | £351,087 |
| 3 Month Average | 35.168 % | £100,229 | £385,229 |
| 6 Month Average | 40.411 % | £115,171 | £400,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £304,681 | £300,000 | 2 THE COURTYARD |
| 29 Sep 2023 | £322,100 | £315,000 | 44 THE STEYNINGS |
| 28 Apr 2023 | £377,052 | £370,000 | 590 FULBRIDGE ROAD |
| 28 Apr 2023 | £236,932 | £232,500 | 571 FULBRIDGE ROAD |
| 21 Jan 2022 | £609,614 | £575,000 | 547 FULBRIDGE ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 19 May 2014. Using an estimated price of £419,048 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on LEWES GARDENS is 129 sq meters (1,394 sq feet).
This house is the largest in the street with a floor area of 175 sq meters (1,883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Orchard |
| Jul 2024 | Vehicle crime | Under investigation | On or near Lancing Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Lancing Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancing Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crester Drive |