£176,809
This estimated value is based upon the latest sale price for the house of £132,500 on 18 Oct 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 |
|---|---|
| £132,500 | 18 Oct 2016 |
| £155,000 | 13 Sep 2006 |
| £155,000 | 11 Jul 2005 |
| £100,000 | 27 Jul 2001 |
| £75,000 | 1 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 690 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 October 2016 the House Price Index for CITY OF PETERBOROUGH was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £132,500 results in an estimated price of approximately £176,809.
| 18 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £132,500 | £44,309 | £176,809 |
The Postcode Pricing Model uses changes in average sales price within the PE3 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 | 0.846 % | £1,120 | £133,620 |
| 3 Month Average | 29.150 % | £38,623 | £171,123 |
| 6 Month Average | 37.682 % | £49,928 | £182,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £170,231 | £165,000 | 18 NEW HUNTING COURT THORPE ROAD |
| 15 Nov 2023 | £123,638 | £120,500 | 21 NEW HUNTING COURT THORPE ROAD |
| 10 Mar 2023 | £101,698 | £100,000 | 21 ASHFIELDS THE DRIVE |
| 6 Mar 2023 | £310,180 | £305,000 | 17 THE DRIVE |
| 23 Jan 2023 | £102,273 | £102,000 | 60 ASHFIELDS THE DRIVE |
This house has a floor area of 64 sq meters or 690 sq feet when measured on 29 Jun 2009. Using an estimated price of £176,809 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on THORPE ROAD is 159 sq meters (1,713 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near The Drive |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near The Drive |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near The Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |