£316,229
This estimated value is based upon the latest sale price for the house of £132,000 on 17 Apr 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 |
|---|---|
| £132,000 | 17 Apr 2003 |
| £62,500 | 14 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2003 the House Price Index for CITY OF PETERBOROUGH was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £132,000 results in an estimated price of approximately £316,229.
| 17 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £132,000 | £184,229 | £316,229 |
The Postcode Pricing Model uses changes in average sales price within the PE4 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 | 116.123 % | £153,282 | £285,282 |
| 3 Month Average | 123.223 % | £162,653 | £294,653 |
| 6 Month Average | 122.905 % | £162,234 | £294,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £242,118 | £240,000 | 12 LICHFIELD AVENUE |
| 31 Mar 2023 | £307,901 | £305,000 | 60 SALISBURY ROAD |
| 19 May 2022 | £280,281 | £275,000 | 19 SALISBURY ROAD |
| 28 Mar 2022 | £279,791 | £270,000 | 30 CANTERBURY ROAD |
| 21 Jan 2022 | £268,364 | £255,000 | 64 SALISBURY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Jan 2014. Using an estimated price of £316,230 means this house is valued at £4,002 per sq meter (£371 per sq foot).
The average size of a house on LICHFIELD AVENUE is 101 sq meters (1,089 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Avenue |
| Mar 2024 | Anti-social behaviour | On or near Lichfield Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Lichfield Avenue | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Canterbury Road |