£231,207
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Aug 2004. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
There has been one burglary within the last year on or near Burmer Road
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Aug 2004 |
| £120,000 | 25 Aug 2004 |
| £26,250 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 August 2004 the House Price Index for CITY OF PETERBOROUGH was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £120,000 results in an estimated price of approximately £231,207.
| 25 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £120,000 | £111,207 | £231,207 |
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 | 154.705 % | £185,645 | £305,645 |
| 3 Month Average | 105.184 % | £126,220 | £246,220 |
| 6 Month Average | 80.591 % | £96,708 | £216,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £96,230 | £95,000 | 11 CECIL PACEY COURT |
| 30 Jun 2023 | £86,042 | £85,000 | 4 CECIL PACEY COURT |
| 13 Mar 2023 | £214,016 | £212,000 | 31 THISTLEMOOR ROAD |
| 8 Jul 2022 | £150,405 | £150,000 | 53 BURMER ROAD |
| 30 Mar 2022 | £95,854 | £92,500 | 1A BURMER ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 4 Oct 2017. Using an estimated price of £231,208 means this house is valued at £5,928 per sq meter (£550 per sq foot).
The average size of a house on BURMER ROAD is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burmer Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Burmer Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burmer Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burmer Road |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Burmer Road |