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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Herrick Close, Peterborough is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Herrick Close, Peterborough is £92,420 and the estimated rental value is £719 per month.
Herrick Close, Peterborough, PE1 is located within the PE1 postal district.
1, Herrick Close, Peterborough has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Herrick Close, Peterborough is in very good condition we estimate a sale value of £97,041 and a rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,951 and a rental value of £668 per month.
Over the last 12 months the sale value of 1 Herrick Close Peterborough has decreased by an estimated £328 (0.4%) and its rental value has increased by an estimated £17 per month (2.4%), giving an expected gross yield of 9.3%.
1, Herrick Close, Peterborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Herrick Close, Peterborough was last sold on 17th July 2020 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Herrick Close, Peterborough within a radius of 520 metres over the last 2 years.
The most recent example is 58, Robert Avenue, Peterborough, PE1 3XY, a leasehold flat which sold for £500 on the 23rd August 2024.
Read more about house prices in PE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herrick Close, Peterborough, PE1 has a total of 4 addresses. According to our analysis of all the public data, 1, Herrick Close, Peterborough is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in PE1.
The closest station to 1, Herrick Close, Peterborough is Peterborough station which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Herrick Close, Peterborough, 31.5% of property is privately owned with a mortgage and 25.4% is socially rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Herrick Close, Peterborough, 30.4% of residents are recorded as possessing school level qualifications and 19.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Herrick Close, Peterborough, the average age was 35.7 and the most common age was 7.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Herrick Close, Peterborough, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Herrick Close, Peterborough, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
