£244,694
This estimated value is based upon the latest sale price for the house of £127,000 on 31 Aug 2004. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £127,000 | 31 Aug 2004 |
| £85,500 | 6 Sep 2002 |
| £59,000 | 16 Feb 2001 |
| £46,250 | 30 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 £127,000 results in an estimated price of approximately £244,694.
| 31 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £127,000 | £117,694 | £244,694 |
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 % | £196,475 | £323,475 |
| 3 Month Average | 105.184 % | £133,583 | £260,583 |
| 6 Month Average | 80.591 % | £102,350 | £229,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £217,785 | £215,000 | 17 EASTERN AVENUE |
| 14 Jul 2022 | £240,648 | £240,000 | 41 EASTERN AVENUE |
| 4 Jul 2022 | £262,707 | £262,000 | 36 GILDENBURGH AVENUE |
| 20 May 2022 | £264,993 | £260,000 | 134 CHESTNUT AVENUE |
| 22 Apr 2022 | £195,662 | £190,000 | 1 EASTERN AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 3 Jul 2015. Using an estimated price of £244,695 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on EASTERN AVENUE is 86 sq meters (931 sq feet).