£323,424
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for CITY OF PETERBOROUGH 1
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| Price Paid | Date |
|---|---|
| £260,000 | 29 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 June 2018 the House Price Index for CITY OF PETERBOROUGH was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £260,000 results in an estimated price of approximately £323,424.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £260,000 | £63,424 | £323,424 |
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 | -32.313 % | £-84,014 | £175,985 |
| 3 Month Average | 31.208 % | £81,140 | £341,140 |
| 6 Month Average | 34.031 % | £88,480 | £348,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £138,714 | £137,500 | APARTMENT 3 ST. JAMES HOUSE, 11 - 19 PRIESTGATE |
| 12 Jul 2023 | £456,139 | £450,000 | 18 PRIESTGATE |
| 21 Mar 2023 | £252,378 | £250,000 | 50 COWGATE |
| 30 Sep 2022 | £1,239,987 | £1,250,000 | TRINITY COURT TRINITY STREET |
| 1 Jul 2022 | £50,135 | £50,000 | 17 PRIESTGATE COURT PRIESTGATE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 26 Apr 2018. Using an estimated price of £323,425 means this house is valued at £3,202 per sq meter (£297 per sq foot).
The average size of a house on PRIESTGATE is 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Priestgate |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Priestgate |