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According to the public record, 9B, Cerris Road, Peterborough is a modern leasehold apartment with 460 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 9B, Cerris Road, Peterborough is £95,842 and the estimated rental value is £678 per month.
The apartment is within 9, Cerris Road, Peterborough, PE1.
Cerris Road, Peterborough, PE1 is located within the PE1 postal district.
9B, Cerris Road, Peterborough has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated March 2013.
We combine this information with that 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.
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 9B, Cerris Road, Peterborough is in very good condition we estimate a sale value of £100,634 and a rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,133 and a rental value of £631 per month.
Over the last 12 months the sale value of 9B Cerris Road Peterborough has decreased by an estimated £2,237 (2.3%) and its rental value has increased by an estimated £15 per month (2.2%), giving an expected gross yield of 8.5%.
9B, Cerris Road, Peterborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2013.
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, 9B, Cerris Road, Peterborough was last sold on 26th February 2018 for £56,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9B, Cerris Road, Peterborough within a radius of 560 metres over the last 2 years.
The most recent example is 8, Myrtle Court, Peterborough, PE1 4LF, a leasehold flat which sold for £94,000 on the 17th November 2017.
Read more about house prices in PE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cerris Road, Peterborough, PE1 has a total of 32 addresses. According to our analysis of all the public data, 9B, Cerris Road, Peterborough is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in PE1.
The closest station to 9B, Cerris Road, Peterborough is Peterborough station which is 2.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 9B, Cerris Road, Peterborough, 31.9% of property is privately owned with a mortgage and 27.5% is socially rented.
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 9B, Cerris Road, Peterborough, 31.4% of residents are recorded as possessing school level qualifications and 17.1% 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 9B, Cerris Road, Peterborough, the average age was 35.7 and the most common age was 7.
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 9B, Cerris Road, 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 9B, Cerris Road, Peterborough, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.