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House Prices in PE15 House Prices in PE15 (March)

The average house price in PE15 (March) is £277,250 using HM Land Registry data.

The average property price increased by £51,367 (38.82%) over the last 5 years and increased by £10,292 (5.39%) over the last 12 months.

Over the last year, there were 316 residential property sales – a decrease of 129 transactions (-40.82%) relative to the previous year. The majority of house sales (84) were in the £200,000 - £250,000 range. Then came properties in the £250,000 - £300,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,567 (-3%).

In Oct 24, there were 104 new estate agency instructions, 65 agreed home sales and 90 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) - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
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
20 Wimblington Road, March, Cambridgeshire, PE15 9QN£350,000£330,000-£20,00009 Apr 202423 Jul 2024105 Days
12 Waggoners Way, Wimblington, March, Cambridgeshire, PE15 0NQ£300,000£285,000-£15,00001 Mar 202412 Jul 2024133 Days
3 Kelsey Way, March, Cambridgeshire, PE15 9NW£220,000£210,000-£10,00008 Mar 202408 Jul 2024122 Days
10 Landau Way, March, Cambridgeshire, PE15 8YD£240,000£230,000-£10,00022 Feb 202405 Jul 2024134 Days
34 Hussars Court, March, Cambridgeshire, PE15 9TJ£100,000£99,000-£1,00027 Dec 202303 Jul 2024189 Days
50 North Street, March, Cambridgeshire, PE15 8LS£195,000£195,000£0020 Mar 202428 Jun 2024100 Days
14 Kelsey Way, March, Cambridgeshire, PE15 9NW£125,000£124,000-£1,00018 Apr 202425 Jun 202468 Days
27 New Park, March, Cambridgeshire, PE15 8RT£200,000£187,000-£13,00002 Feb 202421 Jun 2024140 Days
63 Station Road, March, Cambridgeshire, PE15 8LE£280,000£267,000-£13,00030 Oct 202319 Jun 2024233 Days
51 Cawood Close, March, Cambridgeshire, PE15 8UW£240,000£235,000-£5,00013 Feb 202419 Jun 2024127 Days
27 Peyton Avenue, March, Cambridgeshire, PE15 8ER£230,000£230,000£0026 Dec 202319 Jun 2024176 Days
14 Berryfield, March, Cambridgeshire, PE15 8PN£375,000£375,000£0029 Sep 202314 Jun 2024259 Days

Most Expensive Streets in PE15 (March)

PostcodeStreetAreaAverageNo. of Sales
PE15 0WNAskham Row, DoddingtonMarch£607,5006
PE15 0TBTurf Fen Lane, DoddingtonMarch£568,3333
PE15 0RRBridge Lane, WimblingtonMarch£528,3333
PE15 0JAHigh Street, ManeaMarch£524,6663
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 8NYThe JunctionMarch£111,5006
PE15 8NUNorfolk Court, Station RoadMarch£114,7857
PE15 8JYHansart Court, Robingoodfellows LaneMarch£116,2506
PE15 9RARiverbank CloseMarch£129,1663
PE15 8RLSt Johns ChaseMarch£131,33312
PE15 8FLLake CloseMarch£132,2964
PE15 9NLIngoldsby CloseMarch£150,8128

Explore PE15 (March) using map

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