£232,692
This estimated value is based upon the latest sale price for the house of £135,000 on 15 Dec 2011. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£135,000 | 15 Dec 2011 |
£145,000 | 26 Jun 2007 |
£82,500 | 25 Jan 2002 |
£58,950 | 26 May 1998 |
Detached |
Freehold |
Floor Area: 73 sq meters or 786 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 December 2011 the House Price Index for CITY OF PETERBOROUGH was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £135,000 results in an estimated price of approximately £232,692.
15 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £135,000 | £97,692 | £232,692 |
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 | 175.167 % | £236,476 | £371,476 |
3 Month Average | 103.997 % | £140,395 | £275,395 |
6 Month Average | 70.249 % | £94,836 | £229,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £179,879 | £180,000 | 31 MARTINSBRIDGE |
27 Jun 2022 | £131,863 | £130,000 | 62 MARTINSBRIDGE |
10 Jun 2022 | £192,724 | £190,000 | 36 ST MICHAELS GATE |
17 Dec 2021 | £176,777 | £165,000 | 71 MARTINSBRIDGE |
6 Oct 2021 | £210,231 | £190,000 | 19 MARTINSBRIDGE |
This house has a floor area of 73 sq meters or 786 sq feet when measured on 15 Oct 2010. Using an estimated price of £232,693 means this house is valued at £3,183 per sq meter (£295 per sq foot).
The average size of a house on MARTINSBRIDGE is 71 sq meters (770 sq feet).