£700,489
This estimated value is based upon the latest sale price for the house of £575,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £575,000 | 29 May 2020 |
| £310,000 | 27 Jan 2020 |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2020 the House Price Index for CITY OF PETERBOROUGH was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £575,000 results in an estimated price of approximately £700,489.
| 29 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £575,000 | £125,489 | £700,489 |
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 | 3.585 % | £20,615 | £595,615 |
| 3 Month Average | 15.870 % | £91,252 | £666,252 |
| 6 Month Average | 16.263 % | £93,509 | £668,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £237,497 | £235,250 | 58 LAWSON AVENUE |
| 28 Mar 2023 | £226,223 | £225,000 | 34 SOUTHFIELDS DRIVE |
| 30 Aug 2022 | £284,081 | £286,000 | 31 SOUTHFIELDS DRIVE |
| 1 Jun 2022 | £247,509 | £245,000 | 32 SHELTON ROAD |
| 20 Apr 2022 | £230,769 | £225,000 | 10 SHELTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Jun 2011. Using an estimated price of £700,489 means this house is valued at £8,335 per sq meter (£774 per sq foot).
The average size of a house on SOUTHFIELDS DRIVE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhurst Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodhurst Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhurst Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhurst Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |