Housing Market Analysis for RICHARDSON WAY, PE7 1RS

Are you looking to understand PE7 1RS 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 Fenland postcode.

For the location information and nearby amenities in the PE7 1RS area, explore the PE7 1RS Area information page.
For comprehensive crime statistics in the PE7 1RS area, explore the PE7 1RS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE7 1RS postcode area, The average prices are as follows,

  • Flat
    • The average price is around £81,681 median price is £88,498 Standard Deviation is £21,849 with Total Sold: 22
    • The Last 5 Year average price is £90,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 RICHARDSON WAY: £92,000 (Sold on 17 Dec 2021)
    • The first recorded sale happened at this postcode is 4 RICHARDSON WAY: £95,000 (Sold on 19 Oct 2023)
  • Terraced
    • The average price is around £87,500 median price is £87,500 Standard Deviation is £7,500 with Total Sold: 2
    • The Last 5 Year average price is £80,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 RICHARDSON WAY: £80,000 (Sold on 12 Dec 2019)
    • The first recorded sale happened at this postcode is 2 RICHARDSON WAY: £95,000 (Sold on 01 Mar 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average PE7 1RS 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£89,000 £1,527 3
2017£91,250 £1,573 2
2016£85,000 £1,466 1
2014£84,000 £1,367 2
2012£75,000 £1,293 1
2009£60,000 £1,027 1
2008£108,998 £1,804 2
2007£107,000 £1,814 1
2006£94,250 £1,599 2
2005£87,000 £1,500 1
2004£89,9951
2003£65,000 £1,121 1
2002£50,000 £862 1
1999£30,000 £517 1
1996£29,000 £483 1
2023£95,000 £1,638 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£80,000 £1,379 1
2005£95,000 £1,638 1

All the Sales in the RICHARDSON WAY, PE7 1RS

See the table below for more details on the sold house prices in the PE7 1RS, Fenland postcode.

AddressSold DatePrice% Change
5 RICHARDSON WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-197517 Dec 2021£92,000-0.54%
28 Apr 2017£92,50023.33%
31 Jan 2012£75,00050.00%
03 Apr 2002£50,000First Sale
13 RICHARDSON WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-197518 Jun 2021£95,0009.20%
24 Aug 2005£87,000First Sale
16 RICHARDSON WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-196618 Jan 2021£80,000-25.23%
09 Nov 2007£107,000First Sale
2 RICHARDSON WAYTerraced, LeaseholdArea: 58 Sq.mtrAge: 1967-197512 Dec 2019£80,000-15.79%
01 Mar 2005£95,000First Sale
19 RICHARDSON WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1976-198224 Jul 2017£90,000-16.67%
01 Feb 2008£108,000260.00%
08 Jan 1999£30,000First Sale
27 RICHARDSON WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1950-196602 Mar 2016£85,00030.77%
04 Jun 2003£65,000First Sale
9 RICHARDSON WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-197524 Oct 2014£85,000-5.56%
01 Dec 2006£90,000210.34%
17 Oct 1996£29,000First Sale
30 RICHARDSON WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1976-198217 Feb 2014£83,000-24.54%
15 Feb 2008£109,995First Sale
28 RICHARDSON WAYFlat, LeaseholdArea: 58.4 Sq.mtrAge: 1967-197520 Apr 2009£60,000First Sale
4 RICHARDSON WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-197515 Dec 2006£98,5003.68%
19 Oct 2023£95,000First Sale
29 RICHARDSON WAYFlat, Leasehold14 Jul 2004£89,995First Sale

Check out the sold house prices near the PE7 1RS postcode. Properties currently for saleProperties currently for rent

RICHARDSON WAY, PE7 1RS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE7 1RS 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 PE7 1RS postcode.

  • Detached
    • The average price is around £172,758 median price is £159,225 Standard Deviation is £99,119 with Total Sold: 868
    • The Last 5 Year average price is £289,661 with Total Sold: 155
    • The most recent sale happened at this postcode is , 4 PORTLAND PLACE: £342,500 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 PORTLAND PLACE: £75,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £118,512 median price is £119,000 Standard Deviation is £63,056 with Total Sold: 771
    • The Last 5 Year average price is £201,656 with Total Sold: 118
    • The most recent sale happened at this postcode is , 18 OTAGO CLOSE: £215,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 29 VIKING WAY: £36,500 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £92,573 median price is £91,250 Standard Deviation is £47,591 with Total Sold: 800
    • The Last 5 Year average price is £161,560 with Total Sold: 90
    • The most recent sale happened at this postcode is , 30 BELLMANS ROAD: £171,500 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 4, MARTIN COURT GRACIOUS STREET: £28,000 (Sold on 23 Jan 1995)
  • Other
    • The average price is around £482,484 median price is £223,000 Standard Deviation is £995,226 with Total Sold: 39
    • The Last 5 Year average price is £693,572 with Total Sold: 21
    • The most recent sale happened at this postcode is , 14A LINLEY ROAD: £70,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 4, ST. JUDES COURT, 9 STATION ROAD: £442,500 (Sold on 13 Feb 2015)
  • Flat
    • The average price is around £85,385 median price is £84,000 Standard Deviation is £38,070 with Total Sold: 175
    • The Last 5 Year average price is £126,173 with Total Sold: 52
    • The most recent sale happened at this postcode is , 4 RICHARDSON WAY: £95,000 (Sold on 19 Oct 2023)
    • The first recorded sale happened at this postcode is , 48 MILL ROAD: £21,100 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,699 £2,784 5
2023£298,316 £3,111 19
2022£336,812 £2,911 16
2021£301,710 £2,596 45
2020£268,142 £2,586 28
2019£269,810 £2,375 42
2018£286,732 £2,492 28
2017£258,624 £2,277 21
2016£230,214 £1,895 35
2015£235,136 £2,026 22
2014£198,950 £1,831 20
2013£188,807 £1,708 22
2012£203,125 £1,535 12
2011£183,333 £1,596 12
2010£179,579 £1,564 19
2009£166,681 £1,512 11
2008£209,866 £1,984 15
2007£195,429 £1,693 32
2006£197,593 £1,796 31
2005£182,797 £1,730 29
2004£175,408 £1,580 18
2003£154,078 £1,482 51
2002£121,381 £1,228 38
2001£103,378 £928 37
2000£97,050 £838 41
1999£73,082 £660 56
1998£76,975 £679 66
1997£70,593 £658 36
1996£77,765 £620 39
1995£61,070 £630 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,150 £2,644 10
2023£234,661 £2,694 17
2022£219,749 £2,644 18
2021£188,103 £2,330 31
2020£195,205 £2,212 17
2019£183,980 £2,133 25
2018£177,548 £2,147 31
2017£158,976 £1,830 23
2016£153,294 £1,767 17
2015£143,331 £1,760 24
2014£126,500 £1,576 17
2013£125,077 £1,428 26
2012£121,673 £1,666 11
2011£163,687 £1,497 16
2010£132,333 £1,599 9
2009£128,643 £1,617 14
2008£141,587 £1,764 23
2007£145,373 £1,659 28
2006£128,415 £1,562 41
2005£129,416 £1,427 24
2004£123,585 £1,533 43
2003£102,496 £1,264 30
2002£82,306 £1,012 49
2001£71,156 £757 33
2000£54,889 £786 35
1999£56,327 £719 41
1998£48,836 £725 42
1997£45,065 £512 30
1996£43,386 £476 21
1995£40,246 £527 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£172,798 £2,015 5
2023£168,973 £2,618 12
2022£174,442 £2,377 18
2021£159,940 £2,384 28
2020£157,999 £2,250 8
2019£145,605 £1,931 19
2018£151,846 £2,148 27
2017£145,562 £1,969 24
2016£130,167 £1,842 27
2015£120,036 £1,631 21
2014£111,821 £1,710 28
2013£93,042 £1,285 19
2012£100,625 £1,594 8
2011£103,001 £1,428 8
2010£103,544 £1,407 17
2009£111,911 £1,557 19
2008£126,476 £1,670 23
2007£117,455 £1,745 30
2006£114,829 £1,661 38
2005£109,201 £1,556 37
2004£110,785 £1,555 21
2003£90,076 £1,232 32
2002£69,839 £1,102 41
2001£52,267 £803 48
2000£46,905 £735 41
1999£44,676 £725 52
1998£43,233 £689 62
1997£35,613 £548 27
1996£34,423 £521 30
1995£37,870 £601 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£70,0001
2023£380,753 £2,424 3
2022£180,458 £1,439 6
2021£1,262,000 £19,554 5
2020£183,333 £2,500 3
2019£1,803,333 £3,354 3
2018£175,667 £1,493 3
2017£228,335 £2,174 6
2016£241,473 £3,034 5
2015£286,875 £5,531 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£101,800 £2,255 5
2022£142,676 £2,056 17
2021£116,500 £1,961 16
2020£137,273 £1,992 11
2019£84,167 £2,438 3
2018£89,200 £1,814 5
2017£83,290 £1,468 11
2016£73,658 £1,574 6
2015£72,500 £1,490 2
2014£89,500 £1,211 4
2013£55,250 £1,289 4
2012£65,250 £1,432 3
2011£74,995 £1,073 1
2010£67,333 £1,460 3
2009£63,332 £1,369 9
2008£105,982 £1,804 3
2007£91,289 £1,791 19
2006£87,213 £1,407 7
2005£79,200 £1,805 5
2004£71,105 £1,610 7
2003£62,790 £1,183 5
2002£39,094 £760 8
2001£33,299 £757 5
2000£44,317 £698 3
1999£27,333 £622 3
1998£24,833 £647 3
1997£26,000 £491 1
1996£24,183 £647 6

House Type in PE7 1RS area

The most common house types in the PE7 1RS postcode area are Detached (79), Flat (39), and Terraced (21).

Total150
Detached79
Flat39
Terraced21
Semi-detached11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright61
Owned: Owns with a mortgage or loan34
Social rented: Other social rented22
Private rented: Private landlord or letting agency21
Social rented: Rents from council or Local Authority7
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PE7 1RS have 1 person in household (52), and 2 people in household (51).

1 person in household52
2 people in household51
3 people in household27
4 people in household13
5 people in household9
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0