2, Lares Avenue
2, Lares Avenue
Description & Estimates
2, Lares Avenue, Peterborough is recorded publicly as a modern freehold house across 1,231 ft2 of internal area, sitting on a 448 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Lares Avenue, Peterborough is £278,740 and its rental estimate is £1,389 per month, given the available information and assuming reasonable condition.
Lares Avenue, Peterborough, PE2 falls within the PE2 postal district.
Our Data Sources
2, Lares Avenue, Peterborough has a single entry in the Land Registry from September 2012 and a single entry in the EPC database dated August 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Lares Avenue, Peterborough, we estimate a market value of £292,677 and a rental value of £1,459 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,228 and £1,292 per month respectively.
Recent Market Change
Over the last year, 2, Lares Avenue, Peterborough has seen its estimated sale value decrease by £9,029 (3.2%) and its estimated rental value grow by £14 per month (1.0%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 2, Lares Avenue, Peterborough as measuring 448 m2.
That makes it the 5th largest plot in the postcode, where all 39 other houses have recorded plot data.
Energy Efficiency
2, Lares Avenue, Peterborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Lares Avenue, Peterborough completed on 28th September 2012 at £233,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 54.5% over the period since September 2012.
- Sold Sep 2012£233,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Lares Avenue, Peterborough have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was 11, Fortuna Drive, Peterborough, PE2 8GG, a freehold house which sold for £295,000.
Read more about house prices in PE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on Lares Avenue, Peterborough, PE2, 2, Lares Avenue, Peterborough comes out as the 10th largest and the 18th most expensive in our analysis of the public data.
It is also £50k more expensive than the average property across the PE2 district.
More reading links
Schools Nearby
- 300mOakdale Primary School
- 400mSaint Michael CofE Primary School
- 600mSouthfields Primary School
- 500mStanground Academy
- 2.8kmHampton Gardens Secondary School
- 3.9kmSt John Fisher Catholic High School
More reading links
Public Transport Nearby
From 2, Lares Avenue, Peterborough, the nearest station is Peterborough, 3.8 kilometres away.
- 3.8kmPeterborough
- 6.9kmWhittlesea
- 20.9kmStamford (Lincs)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
