£425,816
This estimated value is based upon the latest sale price for the house of £345,000 on 16 Jul 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
There has been one burglary within the last year on or near Chapel Lane
More crime details
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| Price Paid | Date |
|---|---|
| £345,000 | 16 Jul 2018 |
| Detached |
| Freehold |
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 2018 the House Price Index for CITY OF PETERBOROUGH was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £345,000 results in an estimated price of approximately £425,816.
| 16 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £345,000 | £80,816 | £425,816 |
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 | 7.127 % | £24,589 | £369,589 |
| 3 Month Average | 28.420 % | £98,048 | £443,048 |
| 6 Month Average | 26.640 % | £91,907 | £436,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £139,341 | £140,000 | 9 CHAPEL LANE |
| 23 Nov 2022 | £369,016 | £375,000 | 1 WYMAN WAY |
| 30 Jun 2022 | £497,038 | £492,000 | 27 MARTINS WAY |
| 1 Jun 2022 | £764,751 | £757,000 | 1A CHAPEL LANE |
| 12 May 2022 | £456,790 | £450,000 | STONELEA CHERRY ORTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dale Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dale Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gannocks Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Aboyne Avenue |