2, Port Lane
2, Port Lane
Description & Estimates
2, Port Lane, Peterborough appears in the public record as a freehold house sitting on a 2,868 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,924 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 2, Port Lane, Peterborough is £1,130,330 and its rental estimate is £3,516 per month, given the available information and assuming reasonable condition.
Port Lane, Castor, Peterborough, PE5 falls within the PE5 postal district.
Our Data Sources
2, Port Lane, Peterborough has 21 entries in the Land Registry , most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Port Lane, Peterborough, we estimate a market value of £1,186,847 and a rental value of £3,692 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,051,207 and £3,270 per month respectively.
Recent Market Change
Over the last year, 2, Port Lane, Peterborough has seen its estimated sale value fall by £38,336 (3.4%) and its estimated rental value move up by £9 per month (0.3%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 2, Port Lane, Peterborough as measuring 2,868 m2.
That makes it the largest plot in the postcode, where all 5 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Port Lane, Peterborough completed on 29th June 2007 at £825,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.8% over the period since June 2007.
- Sold Jun 2007£825,000
- Sold Feb 1997£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Port Lane, Peterborough have sold within a radius of 3.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th December 2023, was 1, Chapel Lane Close, Peterborough, PE5 7DN, a freehold house which sold for £922,895.
Read more about house prices in PE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Port Lane, Castor, Peterborough, PE5, 2, Port Lane, Peterborough comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £880k more expensive than the average property across the PE5 district.
More reading links
Schools Nearby
- 300mCastor CofE Primary School
- 2.7kmOrton Wistow Primary School
- 3.7kmOrmiston Meadows Academy
- 4.4kmOrmiston Bushfield Academy
- 4.7kmNene Park Academy
- 4.8kmJack Hunt Academy
More reading links
Public Transport Nearby
From 2, Port Lane, Peterborough, the nearest station is Peterborough, 6.5 kilometres away.
- 6.5kmPeterborough
- 12.3kmStamford (Lincs)
- 15.6kmWhittlesea
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
