£245,006
This estimated value is based upon the latest sale price for the house of £186,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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Price Paid | Date |
---|---|
£186,000 | 22 Jul 2016 |
£185,000 | 18 Dec 2006 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 July 2016 the House Price Index for CITY OF PETERBOROUGH was 111.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 31.724%.Applying this 31.724% change to the original purchase price of £186,000 results in an estimated price of approximately £245,006.
22 Jul 2016 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 147.0 | 31.724 % | £186,000 | £59,006 | £245,006 |
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 | 41.480 % | £77,153 | £263,153 |
3 Month Average | 24.383 % | £45,351 | £231,351 |
6 Month Average | 38.614 % | £71,822 | £257,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £239,511 | £240,000 | 1 DEER VALLEY ROAD |
16 Jun 2023 | £249,491 | £250,000 | 1 RHINE AVENUE |
25 May 2023 | £249,170 | £249,000 | 5 WYE VALLEY ROAD |
13 Mar 2023 | £270,265 | £271,000 | 11 WYE VALLEY ROAD |
19 Dec 2022 | £138,578 | £141,500 | 24 DEER VALLEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Feb 2014. Using an estimated price of £245,006 means this house is valued at £3,101 per sq meter (£288 per sq foot).
The average size of a house on WYE VALLEY ROAD is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2023 | Criminal damage and arson | Offender given a caution | On or near Rhine Avenue |
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wye Valley Road |
Oct 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wye Valley Road |
Oct 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Dove Gardens |
Nov 2023 | Other theft | Unable to prosecute suspect | On or near Candy Street |