£166,761
This estimated value is based upon the latest sale price for the house of £135,000 on 12 Feb 2019. 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 Burmer Road
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| Price Paid | Date |
|---|---|
| £135,000 | 12 Feb 2019 |
| £125,000 | 25 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2019 the House Price Index for CITY OF PETERBOROUGH was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £135,000 results in an estimated price of approximately £166,761.
| 12 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £135,000 | £31,761 | £166,761 |
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 | 103.983 % | £140,376 | £275,376 |
| 3 Month Average | 51.319 % | £69,280 | £204,280 |
| 6 Month Average | 26.281 % | £35,479 | £170,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £96,230 | £95,000 | 11 CECIL PACEY COURT |
| 30 Jun 2023 | £86,042 | £85,000 | 4 CECIL PACEY COURT |
| 8 Jul 2022 | £150,405 | £150,000 | 53 BURMER ROAD |
| 24 Jun 2022 | £184,609 | £182,000 | 37 CROWN STREET |
| 8 Apr 2022 | £190,513 | £185,000 | 13 CROWN STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Aug 2019. Using an estimated price of £166,761 means this house is valued at £2,009 per sq meter (£186 per sq foot).
The average size of a house on CROWN STREET is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burmer Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Burmer Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burmer Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burmer Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Burmer Road |