Ferndale Way, Peterborough, PE1

Street Guide For Ferndale Way, Peterborough, PE1

 

Ferndale Way, Peterborough, PE1 Map

Estimated Price: £106,909
Average Asking Price: £175,759
Price change in last one year: £5,013
Average Price Paid: £92,000
Average Rent Rates: £983

 

Property Prices Breakdown in Ferndale Way, Peterborough, PE1

Average Price for property in Ferndale Way, Peterborough, PE1 is around £106,909 which varies based on type of property you are interested in and ranges from £111,608 for terraced house to around £74,022 for a flat. Values have been changing and have risen £31 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £218 in last 6 months, £5,013 in last 1 year, £11,593 in last 2 years, £11,966 in last 3 years, £10,539 in last 4 years and £8,299 in last 5 years.

Currently average asking price of a property in Ferndale Way, Peterborough, PE1 is around £175,759 based on approximately 1 properties for sale. Same is the case with rental options based on 136 properties up for rent, average asking rent is around £983 per month.

Estimated property value in Ferndale Way, Peterborough, PE1 is £106,909. Average asking price is £175,759 while average price paid is £105,000 which is up by £5,013 and Avg. asking rent £983.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ferndale Way, Peterborough, PE1 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 1 sales in Ferndale Way, Peterborough, PE1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £92,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £92,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £91,833 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £84,499, £112,064 for a 2 bedroom house, £150,341 for a 3 bedroom house, £226,096 for a 4 bedroom house and £263,947 for a 5 bedroom house. For a flat similarly the prices varies from £79,043 for a single bedroom to £103,096 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £110,000. To sum up the asking prices for properties in Ferndale Way, Peterborough, PE1 it comes to around average £80,697 for 1 bedroom property, £108,413 for 2 bedroom, £150,151 for 3 bedroom, £226,096 for 4 bedroom and £263,947 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £388 for 1 bedroom to £575 for 2 bedroom, £701 for 3 bedroom and £802 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £623. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £755 and £611 for 3 bedroom. You should be generally be expecting around average £551 rent per month for single bedroom property, £701 for 2 bedroom, £696 for 3 bedroom and approximately £802 for 4 bedroom property in Ferndale Way, Peterborough, PE1 area.

Popular Houses in Ferndale Way, Peterborough, PE1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Ferndale Way, Peterborough, PE1