£265,939
This estimated value is based upon the latest sale price for the house of £150,000 on 9 Oct 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 |
---|---|
£150,000 | 9 Oct 2009 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,340 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 October 2009 the House Price Index for CITY OF PETERBOROUGH was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £150,000 results in an estimated price of approximately £265,939.
9 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 149.7 | 77.293 % | £150,000 | £115,939 | £265,939 |
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 | 69.833 % | £104,749 | £254,749 |
3 Month Average | 59.172 % | £88,758 | £238,758 |
6 Month Average | 70.838 % | £106,257 | £256,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £299,194 | £290,000 | 4 WRIGHT AVENUE |
25 Aug 2023 | £269,867 | £265,000 | 2 RAYNER AVENUE |
19 Apr 2023 | £295,528 | £290,000 | 12 ALLAN AVENUE |
22 Mar 2023 | £269,501 | £265,000 | 38 RAYNER AVENUE |
17 Mar 2023 | £265,433 | £261,000 | 6 ALLAN AVENUE |
This house has a floor area of 124 sq meters or 1,340 sq feet when measured on 27 Nov 2009. Using an estimated price of £265,939 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on ALLAN AVENUE is 96 sq meters (1,033 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,340 sq feet).