£232,641
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Apr 2009. 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 Cubitt Way
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Apr 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,026 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 April 2009 the House Price Index for CITY OF PETERBOROUGH was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £125,000 results in an estimated price of approximately £232,641.
| 6 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £125,000 | £107,641 | £232,641 |
The Postcode Pricing Model uses changes in average sales price within the PE2 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 | 281.092 % | £351,364 | £476,364 |
| 3 Month Average | 112.936 % | £141,170 | £266,170 |
| 6 Month Average | 79.819 % | £99,773 | £224,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £80,706 | £80,000 | 37 GROVE COURT |
| 20 Jul 2023 | £152,046 | £150,000 | 28 CUBITT WAY |
| 15 Aug 2022 | £144,611 | £145,000 | 17 CUBITT WAY |
| 9 Aug 2022 | £124,664 | £125,000 | 44 CUBITT WAY |
| 30 Jun 2022 | £136,935 | £135,000 | 89 CUBITT WAY |
This house has a floor area of 95 sq meters or 1,026 sq feet when measured on 3 Mar 2009. Using an estimated price of £232,642 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on CUBITT WAY is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Cubitt Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cubitt Way |
| Mar 2024 | Drugs | Under investigation | On or near Cubitt Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cubitt Way |
| Mar 2024 | Other theft | Under investigation | On or near Cubitt Way |