£273,605
This estimated value is based upon the latest sale price for the house of £219,950 on 26 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 |
|---|---|
| £219,950 | 26 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 £219,950 results in an estimated price of approximately £273,605.
| 26 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £219,950 | £53,655 | £273,605 |
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 | 204.048 % | £448,802 | £668,752 |
| 3 Month Average | 41.824 % | £91,991 | £311,941 |
| 6 Month Average | 28.730 % | £63,190 | £283,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £18,720,000 | £18,720,000 | WM MORRISON SUPERMARKETS PLC BELLONA DRIVE |
| 25 Aug 2023 | £267,339 | £265,000 | 2 RAYNER AVENUE |
| 31 Mar 2023 | £234,711 | £232,500 | 223 APOLLO AVENUE |
| 31 Mar 2023 | £297,806 | £295,000 | 14 CONSTANTINE DRIVE |
| 22 Mar 2023 | £267,520 | £265,000 | 38 RAYNER AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Apr 2018. Using an estimated price of £273,605 means this house is valued at £3,144 per sq meter (£292 per sq foot).
The average size of a house on CONSTANTINE DRIVE is 90 sq meters (974 sq feet).