£60,066
This estimated value is based upon the latest sale price for the house of £44,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £44,000 | 5 Feb 2016 |
| £55,000 | 30 Jul 2004 |
| £35,000 | 5 Apr 2000 |
| 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 2016 the House Price Index for CITY OF PETERBOROUGH was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £44,000 results in an estimated price of approximately £60,066.
| 5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £44,000 | £16,066 | £60,066 |
The Postcode Pricing Model uses changes in average sales price within the PE1 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 | 128.950 % | £56,738 | £100,738 |
| 3 Month Average | 61.485 % | £27,053 | £71,053 |
| 6 Month Average | 41.041 % | £18,057 | £62,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £633,527 | £625,000 | FENGATE HEALTH & FITNESS CENTRE FENGATE |
| 24 Oct 2022 | £4,407,543 | £4,455,000 | HYPERAMA WHOLESALE PLC PADHOLME ROAD EAST |
| 29 Jul 2022 | £82,221 | £82,000 | 6 THE SQUARE |
| 1 Jul 2022 | £1,000,615 | £997,921 | UNIT C FRANCHISE HOUSE NEWARK ROAD |
| 1 Jul 2022 | £353,030 | £352,080 | 1-2 ADAM COURT NEWARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Newton Way |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newton Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newton Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newton Way |