£104,975
This estimated value is based upon the latest sale price for the house of £30,000 on 22 Mar 2001. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £30,000 | 22 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2001 the House Price Index for CITY OF PETERBOROUGH was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £30,000 results in an estimated price of approximately £104,975.
| 22 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £30,000 | £74,975 | £104,975 |
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 | 467.555 % | £140,266 | £170,266 |
| 3 Month Average | 350.916 % | £105,274 | £135,274 |
| 6 Month Average | 284.532 % | £85,359 | £115,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £304,093 | £300,000 | 116 CROMWELL ROAD |
| 2 Sep 2022 | £342,236 | £345,000 | 138 COBDEN AVENUE |
| 26 Jul 2022 | £1,002,699 | £1,000,000 | 150 COBDEN AVENUE |
| 6 Jun 2022 | £81,147 | £80,000 | 83 COBDEN AVENUE |
| 6 Jun 2022 | £81,147 | £80,000 | 83A COBDEN AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Sep 2016. Using an estimated price of £104,976 means this house is valued at £1,312 per sq meter (£121 per sq foot).
The average size of a house on CROMWELL ROAD is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromwell Road |
| Mar 2024 | Anti-social behaviour | On or near Cromwell Road | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cromwell Road |
| Jan 2024 | Anti-social behaviour | On or near Cromwell Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Road |