Somerville, Werrington, Peterborough, PE4

Street Guide For Somerville, Werrington, Peterborough, PE4

 
 

Somerville, Werrington, Peterborough, PE4 Map

Estimated Price: £102,196
Average Asking Price: £170,778
Price change in last one year: £4,493
Average Price Paid: £93,066
Average Rent Rates: £814

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Property Prices Breakdown in Somerville, Werrington, Peterborough, PE4

Average Price for property in Somerville, Werrington, Peterborough, PE4 is around £102,196 which varies based on type of property you are interested in and ranges from £142,627 for detached house to around £121,344 for semi-detached. Similarly terraced house is around £113,107 and a flat is worth £65,947. Values have been changing and have risen £6 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £211 in last 6 months, £4,493 in last 1 year, £9,469 in last 2 years, £11,850 in last 3 years, £10,487 in last 4 years and £8,751 in last 5 years.

Currently average asking price of a property in Somerville, Werrington, Peterborough, PE4 is around £170,778 based on approximately 4 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £814 per month.

Estimated property value in Somerville, Werrington, Peterborough, PE4 is £102,196. Average asking price is £170,778 while average price paid is £109,875 which is up by £4,493 and Avg. asking rent £814.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 Somerville, Werrington, Peterborough, PE4 area. In last 1 year alone average price buyer paid is around £109,875 based on approximately 4 sales in Somerville, Werrington, Peterborough, PE4 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £93,750. 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 £93,066 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £99,285 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 £86,570, £121,721 for a 2 bedroom house, £161,745 for a 3 bedroom house, £248,910 for a 4 bedroom house and £439,000 for a 5 bedroom house. For a flat similarly the prices varies from £71,102 for a single bedroom to £101,443 for a 2 bedroom Flat. To sum up the asking prices for properties in Somerville, Werrington, Peterborough, PE4 it comes to around average £76,258 for 1 bedroom property, £118,071 for 2 bedroom, £161,745 for 3 bedroom, £248,910 for 4 bedroom and £439,000 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 £460 for 1 bedroom to £574 for 2 bedrooms, £737 for 3 bedrooms, £924 for 4 bedrooms and £2,349 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £461 rent per month for single bedroom property, £566 for 2 bedroom, £737 for 3 bedroom, £924 for 4 bedroom and approximately £2,349 for a 5 bedroom property in Somerville, Werrington, Peterborough, PE4 area.

Popular Houses in Somerville, Werrington, Peterborough, PE4

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 Somerville, Werrington, Peterborough, PE4