4, MORBORNE CLOSE, PETERBOROUGH, PE2 8PH - £75,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MORBORNE CLOSE is a detached house, which could now be worth an estimated £151,136. It was last sold for £75,000 in April 2004, which was around 60% below the average April 2004 detached price in the City of Peterborough local authority area.

4 MORBORNE CLOSE Sold Prices

Land registry data shows two sales for 4 MORBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 4 MORBORNE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 5 APR	£75,000	£189,746	60% below HPI
2002 21 JUN	£79,995	£140,927	43% below HPI

What might 4 MORBORNE CLOSE be worth now?

4 MORBORNE CLOSE might now be worth an estimated £151,136.

This is based on house price inflation of 101.5%, between April 2004 and April 2026, for detached houses, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 101.5% inflationary increase is applied to the most recent sale price for 4 MORBORNE CLOSE of £75,000 on 5th April 2004. For the value to have increased from £75,000 to £151,136 over the 22 years to April 2026, the following assumptions must hold true:

• The value of 4 MORBORNE CLOSE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The April 2004 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORBORNE CLOSE has not materially changed since April 2004.

Where is 4 MORBORNE CLOSE?

4 MORBORNE CLOSE is located in PETERBOROUGH, in the PE2 postcode district.