£189,098
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £115,000 | 28 Jun 2013 |
| £116,000 | 4 Jun 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2013 the House Price Index for CITY OF PETERBOROUGH was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £115,000 results in an estimated price of approximately £189,098.
| 28 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £115,000 | £74,098 | £189,098 |
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 | 39.987 % | £45,984 | £160,984 |
| 3 Month Average | 54.427 % | £62,590 | £177,590 |
| 6 Month Average | 50.552 % | £58,135 | £173,135 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Feb 2013.
The average size of a house on SEVERN CLOSE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Severn Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wye Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Derwent Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Derwent Drive |