£100,422
This estimated value is based upon the latest sale price for the house of £97,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £97,000 | 11 Feb 2022 |
| £78,000 | 26 Aug 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 February 2022 the House Price Index for CITY OF PETERBOROUGH was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £97,000 results in an estimated price of approximately £100,422.
| 11 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £97,000 | £3,422 | £100,422 |
The Postcode Pricing Model uses changes in average sales price within the PE4 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 | -9.450 % | £-9,166 | £87,833 |
| 3 Month Average | -14.713 % | £-14,271 | £82,728 |
| 6 Month Average | -2.472 % | £-2,397 | £94,602 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Nov 2015.
The average size of a house on DERWENT DRIVE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Swale Avenue |
| Feb 2024 | Anti-social behaviour | On or near Swale Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Swale Avenue | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swale Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swale Avenue |