£447,842
This estimated value is based upon the latest sale price for the house of £360,000 on 19 Sep 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £360,000 | 19 Sep 2018 |
| £220,000 | 27 May 2005 |
| £160,000 | 4 Jan 2002 |
| Detached |
| Freehold |
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 September 2018 the House Price Index for CITY OF PETERBOROUGH was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £360,000 results in an estimated price of approximately £447,842.
| 19 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £360,000 | £87,842 | £447,842 |
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 | 60.794 % | £218,857 | £578,857 |
| 3 Month Average | 18.108 % | £65,189 | £425,189 |
| 6 Month Average | 28.069 % | £101,049 | £461,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £268,928 | £263,000 | 2 GANNOCKS CLOSE |
| 27 Apr 2023 | £499,340 | £490,000 | 49 CHURCH DRIVE |
| 17 Feb 2023 | £140,941 | £140,000 | 9 CHAPEL LANE |
| 23 Nov 2022 | £373,255 | £375,000 | 1 WYMAN WAY |
| 16 Sep 2022 | £524,650 | £525,000 | OLDE MULLIONS, 23 CHERRY ORTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gannocks Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Chapel Lane |
| Jul 2024 | Anti-social behaviour | On or near Glebe Avenue | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Gannocks |