3 Melbourne Road

    3, MELBOURNE ROAD, STAMFORD, PE9 1UD

    This terraced freehold property on Melbourne Road last sold in May 2017 for £226,000. Based on price growth in the PE9 district since then, its estimated current value is £250,765 — placing it in the 38th percentile nationally and the 22nd percentile within PE9. The property covers 83 m² (893 sq ft), giving an estimated value of £3,021 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £226,000

    May 2017

    Estimated Valuation

    £250,765

    Est. £/sq ft

    £281/sq ft

    £3,021/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateOct 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2017

    £226,000

    7 May 2004

    £153,000

    Key Metrics

    Estimated valuation£250,765
    Value per sq ft / m²£281/sq ft (£3,021/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE9 district percentile22nd percentile
    National percentile38th percentile

    District Context — PE9

    PE9 covers the south-eastern corner of the Peterborough postcode area, taking in market towns and rural villages in the Cambridgeshire fenlands. It is a mature, family-oriented region with a notably older age profile and strong owner-occupancy.

    Average Property Price - PE9

    £388,874

    65

    National percentile

    Average Net Household Income - PE9

    £46,138

    79

    National percentile

    10-Year Annualised Price Growth - PE9

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE9

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