£91,676
This estimated value is based upon the latest sale price for the house of £68,351 on 11 Aug 2016. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £68,351 | 11 Aug 2016 |
| Flats/Maisonettes |
| Leasehold |
| 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 August 2016 the House Price Index for CITY OF PETERBOROUGH was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £68,351 results in an estimated price of approximately £91,676.
| 11 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £68,351 | £23,325 | £91,676 |
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 | 32.054 % | £21,909 | £90,260 |
| 3 Month Average | 32.943 % | £22,516 | £90,867 |
| 6 Month Average | 35.100 % | £23,991 | £92,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £121,051 | £120,000 | FLAT 22 THE APEX, 2 OUNDLE ROAD |
| 12 Apr 2024 | £1,714,892 | £1,700,000 | K F C LONDON ROAD |
| 10 Nov 2023 | £152,881 | £149,000 | 86 HAWKSBILL WAY |
| 29 Jun 2023 | £132,658 | £130,000 | FLAT 26 THE APEX, 2 OUNDLE ROAD |
| 18 May 2022 | £136,044 | £132,500 | FLAT 9 THE APEX, 2 OUNDLE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Mar 2016. Using an estimated price of £91,677 means this house is valued at £1,160 per sq meter (£107 per sq foot).
The average size of a house on HAWKSBILL WAY is 96 sq meters (1,039 sq feet).