5, Lares Avenue
5, Lares Avenue
Description & Estimates
The public record describes 5, Lares Avenue, Peterborough as a modern house with 570 ft2 of internal area, sitting on a 62.3 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
5, Lares Avenue, Peterborough has an estimated sale value of £172,892 and an estimated rental value of £908 per month, assuming reasonable condition and based on the information available.
Lares Avenue, Peterborough, PE2 lies within the PE2 postal district.
Our Data Sources
5, Lares Avenue, Peterborough has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
We combine this information with public data 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
In very good condition, we estimate 5, Lares Avenue, Peterborough would be worth £181,536, with a potential rental value of £954 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,789, with a rental value of £845 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Lares Avenue, Peterborough has fallen by £4,050 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £15 (1.7%). The property's estimated gross yield is currently 6.3%.
Plot Size
5, Lares Avenue, Peterborough occupies a 62 m2 plot as recorded by HM Land Registry.
All 39 other houses in this postcode have recorded plot sizes, and this one ranks as the 35th largest.
Energy Efficiency
5, Lares Avenue, Peterborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2021.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 5, Lares Avenue, Peterborough across the last 2 years.
Most recently, 18, Apollo Avenue, Peterborough, PE2 8GB, a freehold house, sold at £180,000 on the 27th August 2024.
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
Our analysis of the public data ranks 5, Lares Avenue, Peterborough as the 38th largest and the 38th most expensive of the 39 addresses on Lares Avenue, Peterborough, PE2.
Against the PE2 postcode district average, it is £56k less expensive than the typical property.
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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
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Public Transport Nearby
Peterborough station is the nearest stop to 5, Lares Avenue, Peterborough at 3.8 kilometres away.
- 3.8kmPeterborough
- 6.9kmWhittlesea
- 20.9kmStamford (Lincs)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
