£255,181
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Jul 2009. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£140,000 | 21 Jul 2009 |
£38,000 | 6 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 July 2009 the House Price Index for CITY OF PETERBOROUGH was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £140,000 results in an estimated price of approximately £255,181.
21 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.273 % | £140,000 | £115,181 | £255,181 |
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 | 286.331 % | £400,862 | £540,862 |
3 Month Average | 93.113 % | £130,358 | £270,358 |
6 Month Average | 82.661 % | £115,724 | £255,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £295,164 | £290,000 | 4 WRIGHT AVENUE |
25 Aug 2023 | £267,339 | £265,000 | 2 RAYNER AVENUE |
14 Jul 2023 | £278,752 | £275,000 | 25 WRIGHT AVENUE |
19 Apr 2023 | £293,156 | £290,000 | 12 ALLAN AVENUE |
22 Mar 2023 | £267,520 | £265,000 | 38 RAYNER AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 14 Jan 2014. Using an estimated price of £255,182 means this house is valued at £2,773 per sq meter (£257 per sq foot).
The average size of a house on ALLAN AVENUE is 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near B1092 |