7, MELROSE DRIVE, PETERBOROUGH, PE2 9DN - £164,000

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.

7 MELROSE DRIVE is a detached house, which could now be worth an estimated £265,406. It was last sold for £164,000 in November 2007, which was around 30% below the average November 2007 detached price in the City of Peterborough local authority area.

7 MELROSE DRIVE Sold Prices

Land registry data shows one sale for 7 MELROSE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 23 NOV	£164,000	£235,285	30% below HPI

What might 7 MELROSE DRIVE be worth now?

7 MELROSE DRIVE might now be worth an estimated £265,406.

This is based on house price inflation of 61.8%, between November 2007 and May 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 61.8% inflationary increase is applied to the most recent sale price for 7 MELROSE DRIVE of £164,000 on 23rd November 2007. For the value to have increased from £164,000 to £265,406 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 7 MELROSE DRIVE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The November 2007 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MELROSE DRIVE has not materially changed since November 2007.

Where is 7 MELROSE DRIVE?

7 MELROSE DRIVE is located in PETERBOROUGH, in the PE2 postcode district.