£221,075
This estimated value is based upon the latest sale price for the house of £65,750 on 30 Jul 2001. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £65,750 | 30 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2001 the House Price Index for CITY OF PETERBOROUGH was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £65,750 results in an estimated price of approximately £221,075.
| 30 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £65,750 | £155,325 | £221,075 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 583.465 % | £383,628 | £449,378 |
| 3 Month Average | 275.099 % | £180,877 | £246,627 |
| 6 Month Average | 270.192 % | £177,651 | £243,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £375,560 | £370,000 | 1 BURWELL REACH |
| 29 Sep 2023 | £344,404 | £340,000 | 2 BARFORD CLOSE |
| 28 Jul 2023 | £248,342 | £245,000 | 21 BURWELL REACH |
| 7 Jul 2023 | £369,980 | £365,000 | 13 BURWELL REACH |
| 18 Nov 2022 | £217,367 | £220,000 | 15 GLEMSFORD RISE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Jun 2021. Using an estimated price of £221,076 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on GLEMSFORD RISE is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burwell Reach | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Barford Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barford Close |
| Dec 2023 | Anti-social behaviour | On or near Chippenham Mews | |
| Dec 2023 | Anti-social behaviour | On or near Chippenham Mews |