£506,759
This estimated value is based upon the latest sale price for the house of £495,250 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £495,250 | 20 Oct 2023 |
| £450,000 | 7 May 2021 |
| £258,000 | 12 Jan 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 October 2023 the House Price Index for CITY OF PETERBOROUGH was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £495,250 results in an estimated price of approximately £506,759.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £495,250 | £11,509 | £506,759 |
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 | 19.665 % | £97,392 | £592,642 |
| 3 Month Average | -9.008 % | £-44,611 | £450,638 |
| 6 Month Average | -1.375 % | £-6,810 | £488,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £238,667 | £235,000 | 34 VALENCE ROAD |
| 20 Oct 2023 | £506,760 | £495,250 | 5 LITTLEMEER |
| 20 Oct 2023 | £439,993 | £430,000 | 39 VALENCE ROAD |
| 30 Jun 2023 | £283,175 | £277,500 | 25 VALENCE ROAD |
| 27 Apr 2023 | £499,340 | £490,000 | 49 CHURCH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gannocks Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mandeville |
| May 2024 | Anti-social behaviour | On or near Mandeville | |
| May 2024 | Anti-social behaviour | On or near Mandeville | |
| May 2024 | Anti-social behaviour | On or near Mandeville |