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House Prices in PE15 House Prices in PE15 (March)

The average house price in PE15 (March) is £260,972 using HM Land Registry data.

The average property price increased by £45,213 (38.82%) over the last 5 years and increased by £9,059 (5.39%) over the last 12 months.

Over the last year, there were 322 residential property sales – a decrease of 126 transactions (-39.13%) relative to the previous year. The majority of house sales (89) were in the £188,000 - £236,000 range. Then came properties in the £236,000 - £284,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 143 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,919 (-3%).

In Dec 24, there were 59 new estate agency instructions, 46 agreed home sales and 71 property price reductions.

Nearby Postcodes: CB24, CB25, CB6, CB7, PE12, PE13, PE14, PE16, PE2, PE26, PE28, PE34, PE38, PE5, PE6, PE7, PE8

5-Year Average Property Prices in PE15 (March)

38.82%

Property prices in March increased by 38.82% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE15 (March) Over the Last Year

5.39%

Property prices in March increased by 5.39% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PE15 (March) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE15 (March)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE15 (March)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE15 (March)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE15 (March) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE15 postcode area since 1995.

Recent Sales in PE15 (March)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
179 Norwood Road, March, Cambridgeshire, PE15 8QH£260,000£253,000-£7,00015 Apr 202418 Nov 2024217 Days
4 Turnbull Road, March, Cambridgeshire, PE15 9RX£260,000£255,000-£5,00015 Apr 202415 Nov 2024214 Days
80 Fleetwood Close, March, Cambridgeshire, PE15 9NB£250,000£250,000£0007 Jun 202415 Nov 2024161 Days
22 Hunters Chase, March, Cambridgeshire, PE15 9EL£285,000£270,000-£15,00026 Dec 202312 Nov 2024322 Days
21 Knights End Road, March, Cambridgeshire, PE15 9QA£465,000£460,000-£5,00014 Mar 202406 Nov 2024237 Days
19 The Parks, March, Cambridgeshire, PE15 8RR£220,000£210,000-£10,00029 Feb 202401 Nov 2024246 Days
75 Fleetwood Close, March, Cambridgeshire, PE15 9NB£260,000£260,000£0015 Apr 202431 Oct 2024199 Days
8 Bramble Walk, March, Cambridgeshire, PE15 8PU£350,000£350,000£0025 Apr 202431 Oct 2024189 Days
48j, Station Road, Manea, March, Cambridgeshire, PE15 0HA£310,000£297,500-£12,50006 Jun 202431 Oct 2024147 Days
8 Mallard Way, March, Cambridgeshire, PE15 9HT£200,000£190,000-£10,00002 Aug 202430 Oct 202489 Days
154b, Norwood Road, March, Cambridgeshire, PE15 8JL£190,000£180,000-£10,00029 Apr 202430 Oct 2024184 Days
14 Hundred Road, March, Cambridgeshire, PE15 8QJ£195,000£180,000-£15,00022 Jul 202428 Oct 202498 Days
4 Laburnum Grove, March, Cambridgeshire, PE15 8JR£260,000£258,000-£2,00007 May 202422 Aug 2024107 Days
11 Park Road, Manea, March, Cambridgeshire, PE15 0LL£325,000£315,000-£10,00008 Jan 202422 Aug 2024227 Days
57 Fleetwood Close, March, Cambridgeshire, PE15 9NB£240,000£230,000-£10,00009 Apr 202416 Aug 2024129 Days
24 Robshaw Close, March, Cambridgeshire, PE15 9ET£190,000£185,000-£5,00008 Jan 202402 Aug 2024207 Days
25 Waterside Gardens, March, Cambridgeshire, PE15 8RW£190,000£185,000-£5,00013 May 202430 Jul 202478 Days
113 Elwyn Road, March, Cambridgeshire, PE15 9DB£185,000£180,000-£5,00014 Feb 202430 Jul 2024167 Days
20 Swanton Close, March, Cambridgeshire, PE15 8SS£210,000£200,000-£10,00029 Apr 202426 Jul 202488 Days
3 Deben Close, March, Cambridgeshire, PE15 8DX£290,000£280,000-£10,00015 Feb 202424 Jul 2024160 Days

Most Expensive Streets in PE15 (March)

PostcodeStreetAreaAverageNo. of Sales
PE15 0WNAskham Row, DoddingtonMarch£607,0005
PE15 0TBTurf Fen Lane, DoddingtonMarch£568,3333
PE15 0RRBridge Lane, WimblingtonMarch£528,3333
PE15 0TXBenwick Road, DoddingtonMarch£499,5004
PE15 0BQChurch Gardens, WestryMarch£493,7504
PE15 9QBMill Hill LaneMarch£491,5005
PE15 0ALWhittlesey RoadMarch£481,6663
PE15 0LTFallow Corner Drove, ManeaMarch£480,0005
PE15 0FPPingle Wood Row, ManeaMarch£473,1254
PE15 0PFClayfields Drive, WimblingtonMarch£463,1254

Least Expensive Streets in PE15 (March)

PostcodeStreetAreaAverageNo. of Sales
PE15 8NFJim Hocking Court, Station RoadMarch£87,5008
PE15 9PDCamargue DriveMarch£94,0559
PE15 9TJHussars CourtMarch£97,22912
PE15 9GESt Andrews Court, Badgeney RoadMarch£102,0003
PE15 8NYThe JunctionMarch£111,5006
PE15 0HSBarkclay Court, ManeaMarch£113,3333
PE15 8NUNorfolk Court, Station RoadMarch£114,9166
PE15 8JYHansart Court, Robingoodfellows LaneMarch£119,5005
PE15 9RARiverbank CloseMarch£129,1663
PE15 8RLSt Johns ChaseMarch£131,33312

Explore PE15 (March) using map

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