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March House Prices March House Prices

The average house price in March is £252,468 using HM Land Registry data.

The average property price increased by £39,239 (17.86%) over the last 5 years and increased by £7,860 (3.13%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 57 transactions (-22.80%) relative to the previous year. The majority of house sales (60) were in the £182,000 - £224,000 range. Then came properties in the £224,000 - £266,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 159 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,849 (-3%).

In January 2025, there were 65 new estate agency instructions, 54 agreed home sales and 69 property price reductions.

Postcodes Covered: PE15

5-Year Average Property Prices in March

17.86%

Property prices in March increased by 17.86% 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 March Over the Last Year

3.13%

Property prices in March increased by 3.13% 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 March - January 2025

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 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 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 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 March since 1995

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

Recent Property Sales in March

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
79 Nene Parade, March, Cambridgeshire, PE15 8TA£290,000£290,000£022 Feb 202413 Dec 2024295 Days
16 Marsh Close, March, Cambridgeshire, PE15 8SG£280,000£278,000-£2,00024 Sep 202411 Dec 202478 Days
131 Elwyn Road, March, Cambridgeshire, PE15 9DB£140,000£137,500-£2,50010 Oct 202411 Dec 202462 Days
8 Gordon Avenue, March, Cambridgeshire, PE15 8AJ£300,000£297,000-£3,00015 Jul 202405 Dec 2024143 Days
46 Olivers Way, March, Cambridgeshire, PE15 9PU£240,000£225,500-£14,50012 Jun 202429 Nov 2024170 Days
25 Wake Road, March, Cambridgeshire, PE15 8UL£240,000£216,000-£24,00007 Feb 202426 Nov 2024293 Days
45 High School Close, March, Cambridgeshire, PE15 8NX£155,000£140,000-£15,00027 Feb 202420 Nov 2024267 Days
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£007 Jun 202415 Nov 2024161 Days
27 Stonecross Way, March, Cambridgeshire, PE15 9DH£415,000£405,000-£10,00015 Aug 202415 Nov 202492 Days
16 Peterhouse Crescent, March, Cambridgeshire, PE15 8QT£165,000£165,000£011 Jun 202414 Nov 2024156 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£015 Apr 202431 Oct 2024199 Days
8 Bramble Walk, March, Cambridgeshire, PE15 8PU£350,000£350,000£025 Apr 202431 Oct 2024189 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

Most Expensive Streets in March

PostcodeStreetAreaAverageNo. of Sales
PE15 0BQChurch GardensWestry£493,7504
PE15 9QBMill Hill LaneMarch£491,5005
PE15 9PRThe AvenueMarch£433,2147
PE15 9DAElwyn RoadMarch£427,8336
PE15 9BYElwyn RoadMarch£391,0005
PE15 9QWWimblington RoadMarch£381,8754
PE15 9PSThe AvenueMarch£380,9287
PE15 9QDKnights End RoadMarch£380,7147
PE15 9QNWimblington RoadMarch£379,6669
PE15 9UNPark View WestMarch£378,1663

Least Expensive Streets in March

PostcodeStreetAreaAverageNo. of Sales
PE15 8NFJim Hocking CourtStation Road£87,5008
PE15 9PDCamargue DriveMarch£94,0559
PE15 9TJHussars CourtMarch£97,22912
PE15 9GESt Andrews CourtBadgeney Road£102,0003
PE15 8NYThe JunctionMarch£111,5006
PE15 8JYHansart CourtRobingoodfellows Lane£119,5005
PE15 8NUNorfolk CourtStation Road£119,5005
PE15 9RARiverbank CloseMarch£129,1663
PE15 8RLSt Johns ChaseMarch£131,33312
PE15 8GESilvern CourtMarch£131,8333

Explore March and Neighbouring Area House Prices

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