£229,721
This estimated value is based upon the latest sale price for the house of £114,000 on 21 May 2004. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £114,000 | 21 May 2004 |
| £83,000 | 19 Sep 2002 |
| £62,000 | 15 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2004 the House Price Index for CITY OF PETERBOROUGH was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £114,000 results in an estimated price of approximately £229,721.
| 21 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £114,000 | £115,721 | £229,721 |
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 | 290.186 % | £330,811 | £444,811 |
| 3 Month Average | 112.127 % | £127,824 | £241,824 |
| 6 Month Average | 100.812 % | £114,925 | £228,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £152,046 | £150,000 | 43 TOWER STREET |
| 17 Apr 2023 | £161,742 | £160,000 | 34 PALMERSTON ROAD |
| 5 Apr 2023 | £163,763 | £162,000 | 72 PALMERSTON ROAD |
| 31 Mar 2022 | £168,911 | £163,000 | 3 DAVID CHALMERS CLOSE |
| 17 Dec 2021 | £185,348 | £173,000 | 59 PALMERSTON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Nov 2021. Using an estimated price of £229,721 means this house is valued at £3,480 per sq meter (£323 per sq foot).
The average size of a house on PALMERSTON ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Tower Street |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Tower Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tower Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tower Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near David Chalmers Close |