St Paul's

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Peterborough ( /ˈpiːtərbrə/ or /ˈpiːtərbərə/) is a cathedral city and unitary authority area in the East of England, with an estimated population of 173,400 in June 2007. For ceremonial purposes it is in the county of Cambridgeshire. Situated 75 miles (121 km) north of London, the city stands on the River Nene which flows into the North Sea approximately 30 miles (48 km) to the north-east. The railway station is an important stop on the East Coast Main Line. The local topography is flat and low-lying, and in some places lies below sea level. The area known as the Fens is to the east of Peterborough. The City of Peterborough includes the outlying military installation of RAF Wittering, and as a unitary authority it borders Northamptonshire and Rutland to the west, Lincolnshire to the north, and Cambridgeshire to the south and east. Human settlement in the area dates back to before the Bronze Age, as can be seen at the Flag Fen archaeological site to the east of the current city centre. This site also shows evidence of Roman occupation. The Anglo-Saxon period saw the establishment of a monastery, then known as Medeshamstede, which later became Peterborough Cathedral. The population
 
 

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Estimated Price: £734,941
Average Asking Price: £2,334,067
Price change in last one year: £83,409
Average Price Paid: £538,599
Average Rent Rates: £1,574

 
 

Property Prices Breakdown in St Paul's

Average Price for property in St Paul's is around £734,941 which varies based on type of property you are interested in and ranges from £1,997,102 for detached house to around £11,593,814 for semi-detached. Similarly terraced house is around £1,329,876 and a flat is worth £701,545. Values have been changing and have risen £808 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,047 in last 6 months, £83,409 in last 1 year, £131,113 in last 2 years, £197,639 in last 3 years, £169,186 in last 4 years and £194,216 in last 5 years.

Currently average asking price of a property in St Paul's is around £2,334,067 based on approximately 20 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,574 per month.

Estimated property value in St Paul's is £734,941. Average asking price is £2,334,067 while average price paid is £609,475 which is up by £83,409 and Avg. asking rent £1,574.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 St Paul's area. In last 1 year alone average price buyer paid is around £609,475 based on approximately 20 sales in St Paul's area alone. If you compare it to last 3 years sales of 85 properties where buyers paid around £583,562. 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 £538,599 for 138 and average amount paid for purchase of approx. 173 properties sold in last 7 years comes to about £502,712 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 £805,000, £2,850,000 for a 2 bedroom house and £3,600,000 for a 4 bedroom house. For a flat similarly the prices varies from £743,500 for a single bedroom to £1,004,744 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,710,000 and £3,600,000 for a 4 bedroom flat. To sum up the asking prices for properties in St Paul's it comes to around average £749,091 for 1 bedroom property, £1,209,772 for 2 bedroom, £1,710,000 for 3 bedroom and £3,600,000 for 4 bedroom.

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 is £6,717 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,099. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,245. You should be generally be expecting around average £2,099 rent per month for single bedroom property and approximately £3,939 for 2 bedroom property in St Paul's area.

Popular Houses in St Paul's

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.

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