£490,283
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £450,000 | 12 Nov 2021 |
| £374,000 | 30 Jan 2018 |
| £310,000 | 12 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 November 2021 the House Price Index for CITY OF PETERBOROUGH was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £450,000 results in an estimated price of approximately £490,283.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £450,000 | £40,283 | £490,283 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | -12.230 % | £-55,033 | £394,966 |
| 3 Month Average | 0.453 % | £2,038 | £452,038 |
| 6 Month Average | 0.709 % | £3,191 | £453,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £165,072 | £160,000 | 83 PRINCES STREET |
| 15 Dec 2023 | £185,706 | £180,000 | 143 HUNTLY GROVE |
| 24 Nov 2023 | £92,344 | £90,000 | 103A HUNTLY GROVE |
| 27 Oct 2023 | £88,510 | £86,500 | 3 REGENTS COURT |
| 26 Oct 2023 | £189,299 | £185,000 | 72 HUNTLY GROVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 15 Sep 2017. Using an estimated price of £490,284 means this house is valued at £3,860 per sq meter (£358 per sq foot).
The average size of a house on HUNTLY GROVE is 97 sq meters (1,052 sq feet).