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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Underwood Close, Peterborough is £201,922 and the estimated rental value is £790 per month.
Underwood Close, Peterborough, PE3 is located within the PE3 postal district.
44, Underwood Close, Peterborough has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated January 2023.
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.
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 44, Underwood Close, Peterborough is in very good condition we estimate a sale value of £212,018 and a rental value of £829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,787 and a rental value of £735 per month.
Over the last 12 months the sale value of 44 Underwood Close Peterborough has decreased by an estimated £3,756 (1.9%) and its rental value has increased by an estimated £15 per month (1.9%), giving an expected gross yield of 4.7%.
44, Underwood Close, Peterborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 44, Underwood Close, Peterborough was last sold on 26th May 2023 for £224,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Underwood Close, Peterborough within a radius of 570 metres over the last 2 years.
The most recent example is 52, Underwood Close, Peterborough, PE3 6TW, a leasehold flat which sold for £213,950 on the 28th April 2023.
Read more about house prices in PE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Underwood Close, Peterborough, PE3 has a total of 57 addresses. According to our analysis of all the public data, 44, Underwood Close, Peterborough is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in PE3.
The closest station to 44, Underwood Close, Peterborough is Peterborough station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 44, Underwood Close, Peterborough, 47.4% of property is privately rented and 27.3% is privately owned with a mortgage.
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 44, Underwood Close, Peterborough, 18.2% of residents are recorded as possessing school level qualifications and 38.5% 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 44, Underwood Close, Peterborough, the average age was 34.3 and the most common age was 32.
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 44, Underwood 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 44, Underwood Close, Peterborough, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.