61, Park Lane
61, Park Lane
Description & Estimates
61, Park Lane, Peterborough is recorded publicly as a mid-century freehold house across 721 ft2 of internal area, sitting on a 715 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Park Lane, Peterborough is £160,274 and its rental estimate is £940 per month, given the available information and assuming reasonable condition.
Park Lane, Peterborough, PE1 falls within the PE1 postal district.
Our Data Sources
61, Park Lane, Peterborough has 31 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated November 2016.
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 61, Park Lane, Peterborough, we estimate a market value of £168,287 and a rental value of £987 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,055 and £874 per month respectively.
Recent Market Change
Over the last year, 61, Park Lane, Peterborough has seen its estimated sale value move down by £4,623 (2.9%) and its estimated rental value increase by £14 per month (1.5%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 61, Park Lane, Peterborough as measuring 715 m2.
That makes it the largest plot in the postcode, where 30 of the 32 other houses have recorded plot data.
Energy Efficiency
61, Park Lane, Peterborough has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Nov 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 61, Park Lane, Peterborough completed on 17th September 2018 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 21.6% over the period since September 2018.
- Sold Sep 2018£160,000
- Sold May 2007£104,000
- Sold Apr 2004£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Park Lane, Peterborough have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 8, Kingsley Road, Peterborough, PE1 5JY, a freehold house which sold for £237,000.
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, 61, Park Lane, Peterborough comes out as the 78th largest and the 78th most expensive in our analysis of the public data.
It is also £31k 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
More reading links
Public Transport Nearby
From 61, 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.
