£295,808
This estimated value is based upon the latest sale price for the house of £280,000 on 8 Feb 2022. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £280,000 | 8 Feb 2022 |
| £170,000 | 14 Jan 2016 |
| £179,950 | 28 Sep 2007 |
| £73,000 | 16 Jul 2002 |
| £37,000 | 7 Apr 1999 |
| Terraced |
| 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 February 2022 the House Price Index for CITY OF PETERBOROUGH was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £280,000 results in an estimated price of approximately £295,808.
| 8 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £280,000 | £15,808 | £295,808 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | -13.637 % | £-38,182 | £241,817 |
| 3 Month Average | -5.292 % | £-14,817 | £265,182 |
| 6 Month Average | -6.075 % | £-17,009 | £262,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £410,000 | £410,000 | NEWPORT COTTAGE MAIN STREET |
| 20 May 2024 | £725,000 | £725,000 | 7 WALCOT ROAD |
| 6 Mar 2024 | £695,689 | £685,000 | 4 WALCOT ROAD |
| 16 Nov 2023 | £1,092,738 | £1,065,000 | WALNUT HOUSE MAIN STREET |
| 6 Jan 2023 | £653,997 | £652,250 | 2 HILL SIDE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Offender given a caution | On or near Newport Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Main Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Main Street (Southorpe) |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Orchard Road |
| Jul 2024 | Anti-social behaviour | On or near Orchard Road |