£165,659
This estimated value is based upon the latest sale price for the house of £72,000 on 1 Aug 2003. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £72,000 | 1 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 2003 the House Price Index for CITY OF PETERBOROUGH was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £72,000 results in an estimated price of approximately £165,659.
| 1 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £72,000 | £93,659 | £165,659 |
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 | 200.643 % | £144,463 | £216,463 |
| 3 Month Average | 142.022 % | £102,255 | £174,255 |
| 6 Month Average | 117.206 % | £84,387 | £156,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £208,651 | £205,000 | 8 ST PAULS ROAD |
| 14 Jul 2023 | £227,269 | £224,210 | 9 GILPIN STREET |
| 2 Nov 2022 | £179,822 | £182,000 | 17 GILPIN STREET |
| 1 Aug 2022 | £423,859 | £425,000 | NEW ENGLAND HOUSE, 555 LINCOLN ROAD |
| 30 May 2022 | £166,640 | £163,500 | 44 GILPIN STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 2 Jul 2015. Using an estimated price of £165,660 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on LINCOLN ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gilpin Street |
| Jan 2024 | Anti-social behaviour | On or near Gilpin Street | |
| Jan 2024 | Anti-social behaviour | On or near Gilpin Street | |
| Jan 2024 | Anti-social behaviour | On or near Gilpin Street | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gilpin Street |