£117,727
This estimated value is based upon the latest sale price for the house of £115,500 on 18 Dec 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 |
|---|---|
| £115,500 | 18 Dec 2023 |
| £166,339 | 22 Jun 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 December 2023 the House Price Index for CITY OF PETERBOROUGH was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £115,500 results in an estimated price of approximately £117,727.
| 18 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £115,500 | £2,227 | £117,727 |
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 | -35.580 % | £-41,094 | £74,405 |
| 3 Month Average | 2.015 % | £2,327 | £117,827 |
| 6 Month Average | 2.087 % | £2,410 | £117,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £565,702 | £555,000 | 45 PRIESTGATE |
| 18 Dec 2023 | £117,727 | £115,500 | FLAT 47 NEW PRIESTGATE HOUSE, 57 PRIESTGATE |
| 24 Jul 2023 | £201,910 | £200,000 | 2 LUDLOW MEWS |
| 12 Jul 2023 | £454,297 | £450,000 | 18 PRIESTGATE |
| 8 Jun 2023 | £438,556 | £435,000 | 8 - 12 PRIESTGATE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 26 Oct 2016. Using an estimated price of £117,727 means this house is valued at £1,590 per sq meter (£147 per sq foot).
The average size of a house on PRIESTGATE is 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Cowgate |
| Apr 2024 | Drugs | Under investigation | On or near Cowgate |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowgate |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowgate |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cowgate |