£245,409
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £240,000 | 29 Sep 2023 |
| £131,000 | 4 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 September 2023 the House Price Index for CITY OF PETERBOROUGH was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £240,000 results in an estimated price of approximately £245,409.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £240,000 | £5,409 | £245,409 |
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 | -32.466 % | £-77,919 | £162,080 |
| 3 Month Average | -10.248 % | £-24,594 | £215,405 |
| 6 Month Average | 0.059 % | £140 | £240,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £200,000 | £200,000 | 67 LAWSON AVENUE |
| 1 May 2024 | £190,000 | £190,000 | 28 SPENCER AVENUE |
| 6 Nov 2023 | £177,403 | £172,900 | 137 SOUTHFIELDS AVENUE |
| 29 Sep 2023 | £245,410 | £240,000 | 95 SOUTHFIELDS DRIVE |
| 23 Jun 2023 | £214,294 | £210,000 | 15 SPENCER AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 19 Nov 2018. Using an estimated price of £245,410 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on SOUTHFIELDS DRIVE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byron Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byron Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Byron Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |