40, Park Lane
40, Park Lane
Description & Estimates
40, Park Lane, Peterborough is described in the public record as a mid-century apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Park Lane, Peterborough is £85,416 and its rental estimate is £658 per month, given the available information and assuming reasonable condition.
Park Lane, Peterborough, PE1 falls within the PE1 postal district.
Our Data Sources
40, Park Lane, Peterborough has no records in the the Land Registry and a single entry in the EPC database dated May 2015.
We combine this information with public data 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.
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 40, Park Lane, Peterborough, we estimate a market value of £89,687 and a rental value of £690 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,437 and £611 per month respectively.
Recent Market Change
Over the last year, 40, Park Lane, Peterborough has seen its estimated sale value decline by £1,994 (2.3%) and its estimated rental value climb by £14 per month (2.2%). This results in an estimated gross rental yield of 9.2%.
Energy Efficiency
40, Park Lane, Peterborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Park Lane, Peterborough have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2023, was 10 Welland House, Whalley Street, Peterborough, PE1 5AG, a leasehold flat which sold for £97,000.
Read more about house prices in PE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 124 addresses on Park Lane, Peterborough, PE1, 40, Park Lane, Peterborough comes out as the 106th largest and the 108th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the PE1 district.
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Schools Nearby
- 200mLime Academy Abbotsmede
- 400mSt Thomas More Catholic Primary School
- 1.1kmBishop Creighton Academy
- 300mSt John Fisher Catholic High School
- 600mCity of Peterborough Academy
- 900mGreater Peterborough UTC
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Public Transport Nearby
From 40, Park Lane, Peterborough, the nearest station is Peterborough, 1.7 kilometres away.
- 1.7kmPeterborough
- 8.0kmWhittlesea
- 18.8kmStamford (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.
