3, LAKEVIEW WAY, HAMPTON CENTRE, PETERBOROUGH, PE7 8FG - £65,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LAKEVIEW WAY is a midsized flat of 56m², built sometime between 2007 and 2011, which could now be worth an estimated £62,089. It was last sold for £65,000 in March 2023, which was around 45% below the average March 2023 flat price in the City of Peterborough local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was B.

3 LAKEVIEW WAY Sold Prices

Land registry data shows two sales for 3 LAKEVIEW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 3 LAKEVIEW WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 31 MAR	£65,000	£118,444	45% below HPI
2007 25 JUN	£67,475	£91,346	26% below HPI

What might 3 LAKEVIEW WAY be worth now?

3 LAKEVIEW WAY might now be worth an estimated £62,089.

This is based on house price deflation of 4.5%, between March 2023 and May 2026, for flats, in the City of Peterborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% deflationary decrease is applied to the most recent sale price for 3 LAKEVIEW WAY of £65,000 on 31st March 2023. For the value to have decreased from £65,000 to £62,089 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 LAKEVIEW WAY has moved in line with the HPI for flats in the City of Peterborough local authority area.
• The March 2023 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAKEVIEW WAY has not materially changed since March 2023.

How Large is 3 LAKEVIEW WAY?

3 LAKEVIEW WAY is 56m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of flats in Peterborough, based on EPC data. 44% of flats are smaller than 3 LAKEVIEW WAY, and 53% of flats are larger. Note that EPC data is not available for all properties in Peterborough.

3 LAKEVIEW WAY: Plot

3 LAKEVIEW WAY sits on a plot of roughly 1.1 acres, or 4,412m².

Where is 3 LAKEVIEW WAY?

3 LAKEVIEW WAY is located in HAMPTON CENTRE, in the PE7 postcode district.