£203,027
This estimated value is based upon the latest sale price for the house of £112,500 on 27 Aug 2009. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £112,500 | 27 Aug 2009 |
| £95,000 | 28 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2009 the House Price Index for CITY OF PETERBOROUGH was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £112,500 results in an estimated price of approximately £203,027.
| 27 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £112,500 | £90,527 | £203,027 |
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 | 172.051 % | £193,557 | £306,057 |
| 3 Month Average | 103.995 % | £116,994 | £229,494 |
| 6 Month Average | 76.468 % | £86,026 | £198,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £157,007 | £155,000 | 53 WELLAND CLOSE |
| 21 Jul 2023 | £233,138 | £230,000 | 22 CROCUS GROVE |
| 30 Jan 2023 | £103,512 | £104,000 | 83 HEATHER AVENUE |
| 5 Jan 2023 | £82,113 | £82,500 | 25 FAIRCHILD WAY |
| 31 May 2022 | £219,129 | £215,000 | 18 CROCUS GROVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 Mar 2019. Using an estimated price of £203,027 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on WELLAND CLOSE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Welland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Close |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Welland Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Close |