£212,963
This estimated value is based upon the latest sale price for the house of £156,000 on 25 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 |
|---|---|
| £156,000 | 25 Feb 2016 |
| £132,000 | 16 Nov 2004 |
| £59,950 | 28 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 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 £156,000 results in an estimated price of approximately £212,963.
| 25 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £156,000 | £56,963 | £212,963 |
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 % | £201,162 | £357,162 |
| 3 Month Average | 61.485 % | £95,916 | £251,916 |
| 6 Month Average | 41.041 % | £64,023 | £220,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £258,303 | £255,000 | 8 BROAD CLOSE |
| 4 Jul 2022 | £262,707 | £262,000 | 36 GILDENBURGH AVENUE |
| 25 May 2022 | £214,033 | £210,000 | 128 REEVES WAY |
| 29 Mar 2022 | £217,615 | £210,000 | 26 ASHCROFT GARDENS |
| 12 Nov 2021 | £304,987 | £282,000 | 24 GILDENBURGH AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Jan 2014. Using an estimated price of £212,964 means this house is valued at £2,289 per sq meter (£212 per sq foot).
The average size of a house on GILDENBURGH AVENUE is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gildenburgh Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gildenburgh Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Gildenburgh Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Gildenburgh Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Conworth Close |