£242,228
This estimated value is based upon the latest sale price for the house of £190,000 on 13 Jul 2017. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £190,000 | 13 Jul 2017 |
| £156,000 | 23 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 July 2017 the House Price Index for CITY OF PETERBOROUGH was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £190,000 results in an estimated price of approximately £242,228.
| 13 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £190,000 | £52,228 | £242,228 |
The Postcode Pricing Model uses changes in average sales price within the PE3 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 | 43.062 % | £81,818 | £271,818 |
| 3 Month Average | 12.224 % | £23,226 | £213,226 |
| 6 Month Average | 10.539 % | £20,024 | £210,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £240,561 | £237,000 | 2 GRANARY CLOSE |
| 2 Nov 2023 | £137,029 | £135,000 | 48 CLIFTON AVENUE |
| 11 Aug 2023 | £141,236 | £140,000 | 41 PERCIVAL STREET |
| 4 Aug 2023 | £156,368 | £155,000 | 20 PERCIVAL STREET |
| 30 Mar 2023 | £201,902 | £200,000 | 72 PERCIVAL STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 18 Apr 2014. Using an estimated price of £242,229 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on MIDLAND ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Granary Close | |
| Jan 2024 | Anti-social behaviour | On or near Granary Close | |
| Jan 2024 | Anti-social behaviour | On or near Granary Close | |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Granary Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clifton Avenue |