£169,634
This estimated value is based upon the latest sale price for the house of £135,000 on 8 May 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 Gilpin Street
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| Price Paid | Date |
|---|---|
| £135,000 | 8 May 2018 |
| £154,000 | 26 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 2018 the House Price Index for CITY OF PETERBOROUGH was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £135,000 results in an estimated price of approximately £169,634.
| 8 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £135,000 | £34,634 | £169,634 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | -27.550 % | £-37,192 | £97,807 |
| 3 Month Average | 13.184 % | £17,798 | £152,798 |
| 6 Month Average | 27.970 % | £37,759 | £172,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £203,121 | £200,000 | 11 ST PAULS ROAD |
| 21 Dec 2023 | £211,499 | £205,000 | 8 ST PAULS ROAD |
| 2 Nov 2022 | £181,153 | £182,000 | 17 GILPIN STREET |
| 1 Aug 2022 | £426,997 | £425,000 | NEW ENGLAND HOUSE, 555 LINCOLN ROAD |
| 30 May 2022 | £167,873 | £163,500 | 44 GILPIN STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 6 Sep 2018. Using an estimated price of £169,635 means this house is valued at £3,687 per sq meter (£342 per sq foot).
The average size of a house on LINCOLN ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gilpin Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gilpin Street |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Gilpin Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gilpin Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gilpin Street |