Housing Market Analysis for REEVES WAY, PE1 5LR

Are you looking to understand PE1 5LR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Peterborough postcode.

For the location information and nearby amenities in the PE1 5LR area, explore the PE1 5LR Area information page.
For comprehensive crime statistics in the PE1 5LR area, explore the PE1 5LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE1 5LR postcode area, The average prices are as follows,

Terraced
- The average price is around £123,409 median price is £124,500 Standard Deviation is £63,000 with Total Sold: 11
- The Last 5 Year average price is £232,500 with Total Sold: 2
- The most recent sale happened at this postcode is 122 REEVES WAY: £255,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 111 REEVES WAY: £44,995 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £140,333 median price is £125,000 Standard Deviation is £32,411 with Total Sold: 9
- The Last 5 Year average price is £159,250 with Total Sold: 4
- The most recent sale happened at this postcode is 128 REEVES WAY: £210,000 (Sold on 25 May 2022)
- The first recorded sale happened at this postcode is 128 REEVES WAY: £124,000 (Sold on 05 Oct 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average PE1 5LR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£255,000	£3,038	1
2019	£210,000	£2,414	1
2013	£125,000	£1,263	1
2012	£135,000	£1,143	1
2010	£118,000	£1,379	1
2008	£124,500	£1,054	1
2007	£137,000	£1,632	1
2004	£117,500	£1,306	1
2000	£52,000	£598	1
1998	£38,500	£428	1
1995	£44,995		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£210,000	£2,471	1
2019	£142,333	£1,814	3
2017	£120,000	£1,667	1
2015	£143,000	£1,396	1
2012	£119,500	£1,453	2
2007	£124,000	£1,459	1

All the Sales in the REEVES WAY, PE1 5LR

See the table below for more details on the sold house prices in the PE1 5LR, Peterborough postcode.

Address	Sold Date	Price	% Change
122 REEVES WAYTerraced, FreeholdArea: 83.93 Sq.mtrAge: 1950-1966	06 Oct 2023	£255,000	86.13%
	03 Aug 2007	£137,000	First Sale
128 REEVES WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	25 May 2022	£210,000	69.35%
	05 Oct 2007	£124,000	First Sale
125 REEVES WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	29 Nov 2019	£132,000	20.00%
	01 Mar 2019	£110,000	First Sale
113 REEVES WAYTerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	27 Nov 2019	£210,000	303.85%
	18 Aug 2000	£52,000	First Sale
109 REEVES WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	29 Mar 2019	£185,000	First Sale
133 REEVES WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	15 Dec 2017	£120,000	First Sale
121 REEVES WAYSemi-Detached, FreeholdArea: 102.47 Sq.mtrAge: 1950-1966	19 Jun 2015	£143,000	First Sale
120 REEVES WAYTerraced, FreeholdArea: 99 Sq.mtrAge: 1950-1966	05 Aug 2013	£125,000	First Sale
123 REEVES WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	02 Nov 2012	£125,000	First Sale
116 REEVES WAYTerraced, FreeholdArea: 118.14 Sq.mtrAge: 1930-1949	11 Sep 2012	£135,000	8.43%
	10 Oct 2008	£124,500	First Sale
119 REEVES WAYSemi-Detached, FreeholdArea: 84.87 Sq.mtrAge: 1950-1966	18 Jun 2012	£114,000	First Sale
117 REEVES WAYTerraced, FreeholdArea: 85.6 Sq.mtrAge: 1950-1966	03 Dec 2010	£118,000	First Sale
129 REEVES WAYTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	05 Nov 2004	£117,500	205.19%
	19 Mar 1998	£38,500	First Sale
111 REEVES WAYTerraced, Freehold	20 Jan 1995	£44,995	First Sale

Check out the sold house prices near the PE1 5LR postcode. Properties currently for saleProperties currently for rent

REEVES WAY, PE1 5LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE1 5LR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PE1 5LR postcode.

Detached
- The average price is around £187,828 median price is £175,500 Standard Deviation is £99,803 with Total Sold: 288
- The Last 5 Year average price is £314,679 with Total Sold: 39
- The most recent sale happened at this postcode is , 7 EYE ROAD: £255,000 (Sold on 24 Sep 2024)
- The first recorded sale happened at this postcode is , 88 DERBY DRIVE: £42,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £129,580 median price is £125,000 Standard Deviation is £65,047 with Total Sold: 370
- The Last 5 Year average price is £216,116 with Total Sold: 56
- The most recent sale happened at this postcode is , 41 EYE ROAD: £360,000 (Sold on 20 May 2024)
- The first recorded sale happened at this postcode is , 28 ASHCROFT GARDENS: £56,500 (Sold on 07 Apr 1995)
Terraced
- The average price is around £115,587 median price is £120,000 Standard Deviation is £56,261 with Total Sold: 217
- The Last 5 Year average price is £206,707 with Total Sold: 33
- The most recent sale happened at this postcode is , 5 BROAD CLOSE: £228,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is , 111 REEVES WAY: £44,995 (Sold on 20 Jan 1995)
Flat
- The average price is around £70,126 median price is £60,000 Standard Deviation is £38,473 with Total Sold: 167
- The Last 5 Year average price is £89,232 with Total Sold: 28
- The most recent sale happened at this postcode is 14, HERITAGE COURT EASTFIELD ROAD: £47,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 7, HERITAGE COURT EASTFIELD ROAD: £30,500 (Sold on 21 Aug 1995)
Other
- The average price is around £571,588 median price is £182,500 Standard Deviation is £605,261 with Total Sold: 8
- The Last 5 Year average price is £730,000 with Total Sold: 6
- The most recent sale happened at this postcode is , 298 EASTFIELD ROAD: £200,000 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is , 298 EASTFIELD ROAD: £75,000 (Sold on 11 Jul 2017)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£383,333	£3,068	6
2023	£338,750	£2,916	4
2022	£300,083	£3,358	6
2021	£298,364	£2,959	11
2020	£309,167	£2,617	6
2019	£280,000	£2,662	6
2018	£226,167	£2,624	6
2017	£303,433	£2,422	12
2016	£220,125	£1,887	4
2015	£221,167	£1,601	6
2014	£227,111	£1,947	9
2013	£196,350	£1,839	10
2012	£193,333	£1,599	6
2011	£249,249	£1,727	8
2010	£179,956	£1,637	9
2009	£170,950	£1,575	10
2008	£238,714	£1,728	7
2007	£205,292	£1,903	12
2006	£204,393	£1,549	14
2005	£180,153	£1,337	13
2004	£160,049	£1,686	19
2003	£161,134	£1,299	13
2002	£149,897	£1,281	17
2001	£116,860	£982	18
2000	£100,627	£896	11
1999	£87,845	£846	13
1998	£100,827	£801	9
1997	£84,227	£710	13
1996	£90,249	£566	6
1995	£51,875	£720	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,667	£2,207	3
2023	£248,333	£2,656	9
2022	£210,125	£2,397	12
2021	£223,583	£2,591	12
2020	£222,167	£3,643	9
2019	£173,773	£2,158	11
2018	£185,941	£2,054	17
2017	£164,042	£1,938	12
2016	£151,350	£1,813	10
2015	£152,056	£1,730	9
2014	£151,293	£1,920	15
2013	£112,727	£1,381	11
2012	£125,417	£1,473	15
2011	£124,700	£1,498	10
2010	£128,929	£1,515	7
2009	£135,000	£1,442	9
2008	£160,285	£1,601	7
2007	£157,172	£1,696	26
2006	£149,087	£1,636	17
2005	£126,365	£1,637	13
2004	£130,389	£1,419	9
2003	£111,963	£1,660	15
2002	£86,952	£1,248	21
2001	£66,309	£790	16
2000	£62,569	£867	16
1999	£48,366	£565	12
1998	£56,557	£624	12
1997	£42,808	£578	16
1996	£52,227	£549	11
1995	£53,782	£570	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£232,729	£3,052	7
2022	£226,333	£2,811	9
2021	£205,800	£2,224	5
2020	£173,000	£2,003	5
2019	£180,179	£2,202	7
2018	£169,000	£2,007	4
2017	£159,375	£1,722	8
2016	£138,111	£1,710	9
2015	£132,333	£1,597	6
2014	£110,000	£1,388	4
2013	£114,400	£1,460	5
2012	£119,111	£1,296	9
2011	£110,000	£1,273	7
2010	£125,190	£1,325	5
2009	£115,469	£1,203	7
2008	£125,917	£1,331	6
2007	£126,278	£1,456	9
2006	£128,350	£1,506	10
2005	£118,944	£1,479	9
2004	£127,944	£1,561	9
2003	£98,500	£1,149	9
2002	£83,136	£912	11
2001	£62,500	£784	7
2000	£57,974	£759	10
1999	£47,819	£641	12
1998	£50,749	£491	6
1997	£40,594	£421	9
1996	£42,250	£663	2
1995	£40,076	£479	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£81,000	£1,694	3
2022	£106,417	£1,879	6
2021	£91,250	£1,690	2
2020	£96,375	£1,594	4
2019	£80,692	£1,475	13
2018	£62,750	£1,485	4
2017	£119,258	£2,090	22
2016	£111,499	£1,659	9
2015	£55,650	£1,270	10
2014	£54,833	£1,232	6
2013	£55,667	£1,165	3
2012	£67,500	£1,390	4
2011	£58,125	£1,178	4
2010	£57,748	£1,699	2
2009	£50,333	£1,190	3
2007	£107,667	£1,413	3
2006	£87,745	£1,592	10
2005	£85,000		1
2004	£71,429	£1,407	7
2003	£57,158	£1,255	6
2002	£41,874	£917	8
2001	£36,072	£748	6
2000	£28,194	£623	9
1999	£22,875	£522	9
1998	£27,600	£481	5
1997	£28,500	£681	2
1996	£28,750	£605	4
1995	£31,750	£768	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£200,000		1
2022	£1,045,000		2
2021	£125,000	£1,953	1
2020	£982,500		2
2017	£96,350		2

House Type in PE1 5LR area

The most common house types in the PE1 5LR postcode area are Semi-detached (136), Detached (12), and Flat (8).

Total	161
Semi-detached	136
Detached	12
Flat	8
Terraced	4
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (48), and Owned: Owns outright (29).

Owned: Owns with a mortgage or loan	48
Owned: Owns outright	29
Social rented: Other social rented	29
Social rented: Rents from council or Local Authority	25
Private rented: Private landlord or letting agency	23
Shared ownership: Shared ownership	5
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the PE1 5LR have 1 person in household (34), and 2 people in household (34).

1 person in household	34
2 people in household	34
4 people in household	33
3 people in household	30
5 people in household	13
6 people in household	11
7 people in household	4
8 or more people in household	2
0 people in household	0