Spencer Avenue, Peterborough, PE2

Street Guide For Spencer Avenue, Peterborough, PE2

 
 

Spencer Avenue, Peterborough, PE2 Map

Estimated Price: £146,437
Average Asking Price: £186,682
Price change in last one year: £10,318
Average Price Paid: £129,425
Average Rent Rates: £1,012

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Property Prices Breakdown in Spencer Avenue, Peterborough, PE2

Average Price for property in Spencer Avenue, Peterborough, PE2 is around £146,437 which varies based on type of property you are interested in and ranges from £133,723 for semi-detached to around £155,518 for terraced house. Values have been changing and have risen £752 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,890 in last 6 months, £10,318 in last 1 year, £18,797 in last 2 years, £18,368 in last 3 years, £17,890 in last 4 years and £13,697 in last 5 years.

Currently average asking price of a property in Spencer Avenue, Peterborough, PE2 is around £186,682 based on approximately 0 properties for sale. Same is the case with rental options based on 140 properties up for rent, average asking rent is around £1,012 per month.

Estimated property value in Spencer Avenue, Peterborough, PE2 is £146,437. Average asking price is £186,682 while average price paid is £122,000 which is up by £18,368 and Avg. asking rent £1,012.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 Spencer Avenue, Peterborough, PE2 area. In last 3 years alone average price buyer paid is around £122,000 based on approximately 1 sales in Spencer Avenue, Peterborough, PE2 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £129,425. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £138,616 for 3 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 £91,398, £130,970 for a 2 bedroom house, £166,005 for a 3 bedroom house, £241,971 for a 4 bedroom house and £332,647 for a 5 bedroom house. For a flat similarly the prices varies from £75,685 for a single bedroom to £112,852 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £157,475. To sum up the asking prices for properties in Spencer Avenue, Peterborough, PE2 it comes to around average £80,754 for 1 bedroom property, £125,173 for 2 bedroom, £165,922 for 3 bedroom, £241,971 for 4 bedroom and £332,647 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 £405 for 1 bedroom to £610 for 2 bedrooms, £663 for 3 bedrooms, £919 for 4 bedrooms and £1,272 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £431. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £608 and £676 for 3 bedroom. You should be generally be expecting around average £416 rent per month for single bedroom property, £609 for 2 bedroom, £664 for 3 bedroom, £919 for 4 bedroom and approximately £1,272 for a 5 bedroom property in Spencer Avenue, Peterborough, PE2 area.

Popular Houses in Spencer Avenue, Peterborough, PE2

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 Spencer Avenue, Peterborough, PE2