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House Prices in PE15

The average house price in PE15 (March) is £254,428 using HM Land Registry data.

The average property price increased by £57,600 (38.82%) over the last 5 years and increased by £11,515 (5.39%) over the last 12 months.

Over the last year, there were 325 residential property sales – a decrease of 243 transactions (-74.77%) relative to the previous year. The majority of house sales (85) were in the £200,000 - £250,000 range. Then came properties in the £250,000 - £300,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,567 (-3%).

In June 2024, there were 97 new estate agency instructions, 75 agreed home sales and 70 property price reductions.

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.

Property Market Heat Gauge for PE15 (March) - June 2024

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
70 West End, March, Cambridgeshire, PE15 8DJ	£170,000	£168,000	-£2,000	26 Feb 2024	03 May 2024	67 Days
40 Camargue Drive, March, Cambridgeshire, PE15 9PD	£90,000	£82,500	-£7,500	12 Oct 2023	30 Apr 2024	201 Days
1a, Orchard Way, Manea, March, Cambridgeshire, PE15 0JH	£300,000	£290,000	-£10,000	24 Aug 2023	26 Apr 2024	246 Days
92 Dagless Way, March, Cambridgeshire, PE15 8QY	£170,000	£163,000	-£7,000	23 Oct 2023	26 Apr 2024	186 Days
93 Foxglove Way, March, Cambridgeshire, PE15 8RU	£220,000	£220,000	£00	13 Oct 2023	12 Apr 2024	182 Days
31 Robingoodfellows Lane, March, Cambridgeshire, PE15 8JB	£260,000	£250,000	-£10,000	21 Feb 2024	08 Apr 2024	47 Days
11 Morton Way, Wimblington, March, Cambridgeshire, PE15 0PQ	£240,000	£230,000	-£10,000	08 Aug 2023	28 Mar 2024	233 Days
28d, Robingoodfellows Lane, March, Cambridgeshire, PE15 8JB	£250,000	£237,500	-£12,500	17 Jul 2023	28 Mar 2024	255 Days
29 Landau Way, March, Cambridgeshire, PE15 8YB	£240,000	£235,000	-£5,000	08 Sep 2023	21 Mar 2024	195 Days
4 Burn Street, March, Cambridgeshire, PE15 8LU	£220,000	£205,000	-£15,000	12 Jan 2024	20 Mar 2024	68 Days
226 Norwood Road, March, Cambridgeshire, PE15 8JN	£280,000	£275,000	-£5,000	14 Aug 2023	20 Mar 2024	219 Days
47 Eastwood Avenue, March, Cambridgeshire, PE15 9ND	£185,000	£182,000	-£3,000	06 Dec 2023	19 Mar 2024	104 Days
189 Cavalry Park, March, Cambridgeshire, PE15 9DL	£150,000	£150,000	£00	01 Nov 2023	08 Mar 2024	128 Days
28 Elwyn Court, March, Cambridgeshire, PE15 9BZ	£220,000	£215,000	-£5,000	25 Oct 2023	23 Feb 2024	121 Days
105 Cavalry Drive, March, Cambridgeshire, PE15 9DP	£325,000	£317,500	-£7,500	13 Sep 2023	23 Feb 2024	163 Days
81 Elwyn Road, March, Cambridgeshire, PE15 9DB	£160,000	£145,000	-£15,000	26 Jun 2023	31 Jan 2024	219 Days
35 Robingoodfellows Lane, March, Cambridgeshire, PE15 8JB	£180,000	£180,000	£00	18 Jul 2023	25 Jan 2024	191 Days
21 New Park, March, Cambridgeshire, PE15 8RT	£175,000	£175,000	£00	19 Sep 2023	15 Jan 2024	118 Days
192 Station Road, March, Cambridgeshire, PE15 8SQ	£290,000	£282,500	-£7,500	13 Sep 2023	15 Jan 2024	124 Days
6 Alexander Gardens, March, Cambridgeshire, PE15 8TU	£215,000	£210,000	-£5,000	27 Jul 2016	15 Jan 2024	2728 Days

Most Expensive Streets in PE15 (March)

Postcode	Street	Area	Average	No. of Sales
PE15 0WN	Askham Row, Doddington	March	£607,000	5
PE15 0TB	Turf Fen Lane, Doddington	March	£568,333	3
PE15 0RR	Bridge Lane, Wimblington	March	£528,333	3
PE15 0JA	High Street, Manea	March	£524,666	3
PE15 9QB	Mill Hill Lane	March	£491,500	5
PE15 0AL	Whittlesey Road	March	£481,666	3
PE15 0BQ	Church Gardens, Westry	March	£475,000	3
PE15 0FP	Pingle Wood Row, Manea	March	£473,125	4
PE15 0PF	Clayfields Drive, Wimblington	March	£463,125	4
PE15 0TX	Benwick Road, Doddington	March	£454,600	5

Least Expensive Streets in PE15 (March)

Postcode	Street	Area	Average	No. of Sales
PE15 8NF	Jim Hocking Court, Station Road	March	£90,714	7
PE15 9TJ	Hussars Court	March	£97,068	11
PE15 8NY	The Junction	March	£111,800	5
PE15 8NU	Norfolk Court, Station Road	March	£114,785	7
PE15 8JY	Hansart Court, Robingoodfellows Lane	March	£116,250	6
PE15 9PD	Camargue Drive	March	£117,944	9
PE15 9RA	Riverbank Close	March	£129,166	3
PE15 8RL	St Johns Chase	March	£131,333	12
PE15 8FL	Lake Close	March	£132,296	4
PE15 9NW	Kelsey Way	March	£146,666	3