£474,905
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Jun 2012. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £280,000 | 25 Jun 2012 |
| £273,995 | 22 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,437 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 June 2012 the House Price Index for CITY OF PETERBOROUGH was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £280,000 results in an estimated price of approximately £474,905.
| 25 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £280,000 | £194,905 | £474,905 |
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 | 224.171 % | £627,678 | £907,678 |
| 3 Month Average | 81.177 % | £227,294 | £507,294 |
| 6 Month Average | 65.039 % | £182,109 | £462,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £403,530 | £400,000 | 4 PONSONBY DRIVE |
| 30 Nov 2022 | £301,350 | £305,000 | 42 BOLEYN AVENUE |
| 12 Aug 2022 | £324,128 | £325,000 | 3 BOLEYN AVENUE |
| 8 Apr 2022 | £530,347 | £515,000 | 26 PONSONBY DRIVE |
| 1 Apr 2022 | £463,410 | £450,000 | 2 PONSONBY DRIVE |
This house has a floor area of 133 sq meters or 1,437 sq feet when measured on 19 Mar 2012. Using an estimated price of £474,906 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on DRIFFIELD WAY is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Ponsonby Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Boleyn Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Boleyn Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boleyn Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Boleyn Avenue |