Thorpe Lea Road, Peterborough, PE3

Street Guide For Thorpe Lea Road, Peterborough, PE3

 
 

Thorpe Lea Road, Peterborough, PE3 Map

Estimated Price: £299,037
Average Asking Price: £245,626
Price change in last one year: £16,607
Average Price Paid: £235,559
Average Rent Rates: £1,561

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Property Prices Breakdown in Thorpe Lea Road, Peterborough, PE3

Average Price for property in Thorpe Lea Road, Peterborough, PE3 is around £299,037 which varies based on type of property you are interested in and ranges from £260,490 for detached house to around £411,176 for semi-detached. Values have been changing and have risen £1,113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,947 in last 6 months, £16,607 in last 1 year, £29,997 in last 2 years, £31,836 in last 3 years, £31,314 in last 4 years and £26,554 in last 5 years.

Currently average asking price of a property in Thorpe Lea Road, Peterborough, PE3 is around £245,626 based on approximately 7 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,561 per month.

Estimated property value in Thorpe Lea Road, Peterborough, PE3 is £299,037. Average asking price is £245,626 while average price paid is £243,787 which is up by £16,607 and Avg. asking rent £1,561.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 Thorpe Lea Road, Peterborough, PE3 area. In last 1 year alone average price buyer paid is around £243,787 based on approximately 7 sales in Thorpe Lea Road, Peterborough, PE3 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £258,875. 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 £235,559 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £257,119 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 2 bedroom is around £130,685, £146,741 for a 3 bedroom house, £286,118 for a 4 bedroom house and £503,718 for a 5 bedroom house. For a flat similarly the prices varies from £82,733 for a single bedroom to £112,212 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £87,500. To sum up the asking prices for properties in Thorpe Lea Road, Peterborough, PE3 it comes to around average £82,733 for 1 bedroom property, £123,879 for 2 bedroom, £145,815 for 3 bedroom, £286,118 for 4 bedroom and £503,718 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 £376 for 1 bedroom to £662 for 2 bedroom, £673 for 3 bedroom and £833 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £818 and £587 for 3 bedroom. You should be generally be expecting around average £419 rent per month for single bedroom property, £791 for 2 bedroom, £665 for 3 bedroom and approximately £833 for 4 bedroom property in Thorpe Lea Road, Peterborough, PE3 area.

Popular Houses in Thorpe Lea Road, Peterborough, PE3

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 Thorpe Lea Road, Peterborough, PE3