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According to the public record, Flat 2, 2, Park Road, Peterborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 658 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 Flat 2, 2, Park Road, Peterborough is £131,145 and the estimated rental value is £764 per month.
The apartment is within 2, Park Road, Peterborough, PE1.
Park Road, Peterborough, PE1 is located within the PE1 postal district.
Flat 2, 2, Park Road, Peterborough has a single entry in the Land Registry from November 2015 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 Flat 2, 2, Park Road, Peterborough is in very good condition we estimate a sale value of £137,702 and a rental value of £802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,965 and a rental value of £711 per month.
Over the last 12 months the sale value of Flat 2 2 Park Road Peterborough has decreased by an estimated £466 (0.4%) and its rental value has increased by an estimated £18 per month (2.4%), giving an expected gross yield of 7%.
According to HM Land Registry, Flat 2, 2, Park Road, Peterborough was last sold on 30th November 2015 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2015, the market for similar properties has dropped 21.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Park Road, Peterborough within a radius of 440 metres over the last 2 years.
The most recent example is 96 Touthill Place, Touthill Close, Peterborough, PE1 1GZ, a leasehold flat which sold for £145,000 on the 29th June 2022.
Read more about house prices in PE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Peterborough, PE1 has a total of 401 addresses. According to our analysis of all the public data, Flat 2, 2, Park Road, Peterborough is the 180th largest and the 194th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in PE1.
The closest station to Flat 2, 2, Park Road, Peterborough is Peterborough station which is 500 metres away.
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 Flat 2, 2, Park Road, Peterborough, 79.9% of property is privately rented and 11.2% 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 Flat 2, 2, Park Road, Peterborough, 12.0% of residents are recorded as possessing school level qualifications and 39.4% 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 Flat 2, 2, Park Road, Peterborough, the average age was 35.1 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 Flat 2, 2, Park Road, Peterborough, 0.4% 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 Flat 2, 2, Park Road, Peterborough, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
