£223,909
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Jun 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 |
---|---|
£180,000 | 18 Jun 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2018 the House Price Index for CITY OF PETERBOROUGH was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £180,000 results in an estimated price of approximately £223,909.
18 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £180,000 | £43,909 | £223,909 |
The Postcode Pricing Model uses changes in average sales price within the PE3 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 | -35.258 % | £-63,463 | £116,536 |
3 Month Average | 13.397 % | £24,114 | £204,114 |
6 Month Average | 7.312 % | £13,161 | £193,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £425,440 | £420,000 | 8 MARCHMENT SQUARE |
28 Sep 2023 | £181,318 | £179,000 | 8 GABLES CLOSE |
3 Feb 2023 | £374,748 | £375,000 | 37 MARCHMENT SQUARE |
29 Jul 2022 | £433,667 | £432,500 | 2 MARCHMENT SQUARE |
10 Jun 2022 | £395,590 | £390,000 | 25 ANDERSON DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Apr 2018. Using an estimated price of £223,910 means this house is valued at £3,498 per sq meter (£325 per sq foot).
The average size of a house on GABLES CLOSE is 132 sq meters (1,430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gables Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Gables Close |
Dec 2023 | Drugs | Under investigation | On or near Gables Close |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Memorial Way |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Marchment Square |