£217,878
This estimated value is based upon the latest sale price for the house of £94,000 on 8 Aug 2003. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £94,000 | 8 Aug 2003 |
| £39,000 | 7 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 2003 the House Price Index for CITY OF PETERBOROUGH was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £94,000 results in an estimated price of approximately £217,878.
| 8 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £94,000 | £123,878 | £217,878 |
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 | 56.071 % | £52,706 | £146,706 |
| 3 Month Average | 88.046 % | £82,762 | £176,762 |
| 6 Month Average | 114.028 % | £107,186 | £201,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £165,072 | £160,000 | 83 PRINCES STREET |
| 27 Oct 2023 | £88,510 | £86,500 | 3 REGENTS COURT |
| 13 Jun 2023 | £263,276 | £258,000 | 38 PRINCES STREET |
| 5 Apr 2023 | £150,821 | £148,000 | 95 ALL SAINTS ROAD |
| 1 Jul 2022 | £232,328 | £230,000 | 76 PRINCES STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 27 Nov 2014. Using an estimated price of £217,879 means this house is valued at £1,862 per sq meter (£173 per sq foot).
The average size of a house on PRINCES STREET is 105 sq meters (1,140 sq feet).