£1,462,259
This estimated value is based upon the latest sale price for the house of £1,200,000 on 25 Feb 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 |
|---|---|
| £1,200,000 | 25 Feb 2020 |
| £1,050,000 | 20 Mar 2017 |
| 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 February 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 21.855%.Applying this 21.855% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,462,259.
| 25 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £1,200,000 | £262,259 | £1,462,259 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 71.533 % | £858,397 | £2,058,397 |
| 3 Month Average | 17.616 % | £211,390 | £1,411,390 |
| 6 Month Average | 27.933 % | £335,190 | £1,535,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £1,457,880 | £1,450,000 | DANBURY FIRST DRIFT |
| 16 Aug 2022 | £1,837,584 | £1,850,000 | TARRANT FIRST DRIFT |
| 12 Aug 2022 | £973,423 | £980,000 | CORBAR FIRST DRIFT |
| 5 Oct 2021 | £1,184,661 | £1,075,000 | ABERGAIL FIRST DRIFT |
| 18 Dec 2020 | £571,540 | £500,000 | FLAT 1 CLARE LODGE FIRST DRIFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near First Drift |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Drift |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Drift |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Drift |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Drift |