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According to the public record, 8, Sobrite Way, Peterborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 488 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Sobrite Way, Peterborough is £88,449 and the estimated rental value is £681 per month.
Sobrite Way, Peterborough, PE4 is located within the PE4 postal district.
8, Sobrite Way, Peterborough has 21 entries in the Land Registry , most recently in October 2011 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.
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 8, Sobrite Way, Peterborough is in very good condition we estimate a sale value of £92,872 and a rental value of £715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,258 and a rental value of £633 per month.
Over the last 12 months the sale value of 8 Sobrite Way Peterborough has decreased by an estimated £777 (0.9%) and its rental value has increased by an estimated £12 per month (1.7%), giving an expected gross yield of 9.2%.
According to HM Land Registry, 8, Sobrite Way, Peterborough was last sold on 28th October 2011 for £64,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2011, the market for similar properties has risen 71.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Sobrite Way, Peterborough within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 12, Somerville, Peterborough, PE4 5BB, a leasehold flat which sold for £90,000 on the 31st August 2017.
Read more about house prices in PE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sobrite Way, Peterborough, PE4 has a total of 30 addresses. According to our analysis of all the public data, 8, Sobrite Way, Peterborough is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in PE4.
The closest station to 8, Sobrite Way, Peterborough is Peterborough station which is 6.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Sobrite Way, Peterborough, 43.0% of property is privately owned with a mortgage and 32.8% is privately owned outright.
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 8, Sobrite Way, Peterborough, 19.5% of residents are recorded as possessing school level qualifications and 28.5% 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 8, Sobrite Way, Peterborough, the average age was 40.5 and the most common age was 52.
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 8, Sobrite Way, Peterborough, 0.6% 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 8, Sobrite Way, Peterborough, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.