£217,842
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Dec 2008. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£120,000 | 18 Dec 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 2008 the House Price Index for CITY OF PETERBOROUGH was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £120,000 results in an estimated price of approximately £217,842.
18 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 148.6 | 81.535 % | £120,000 | £97,842 | £217,842 |
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 | 171.413 % | £205,695 | £325,695 |
3 Month Average | 98.763 % | £118,515 | £238,515 |
6 Month Average | 59.732 % | £71,678 | £191,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £131,594 | £130,000 | 70 HAMMONDS DRIVE |
22 Mar 2023 | £126,189 | £125,000 | 104 HAMMONDS DRIVE |
3 Mar 2023 | £86,818 | £86,000 | 72 HAMMONDS DRIVE |
13 Jan 2023 | £118,442 | £119,000 | 262 HAMMONDS DRIVE |
1 Aug 2022 | £119,678 | £120,000 | 132 HAMMONDS DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Aug 2019. Using an estimated price of £217,842 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on HAMMONDS DRIVE is 68 sq meters (733 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hammonds Drive |
Mar 2024 | Anti-social behaviour | On or near Hammonds Drive | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hammonds Drive |
Feb 2024 | Anti-social behaviour | On or near Hammonds Drive | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hammonds Drive |