8, MARKHAM AVENUE, PETERBOROUGH, PE7 0NJ - £275,000

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.

8 MARKHAM AVENUE is a very small detached house of 83m², which could now be worth an estimated £263,404. It was last sold for £275,000 in December 2022, which was around 29% below the average December 2022 detached price in the City of Peterborough local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was B.

8 MARKHAM AVENUE Sold Prices

Land registry data shows two sales for 8 MARKHAM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 8 MARKHAM AVENUE 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
2022 22 DEC	£275,000	£389,059	29% below HPI
2017 30 NOV	£195,995	£287,908	32% below HPI

8 MARKHAM AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 8 MARKHAM AVENUE sales from November 2017 and December 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 MARKHAM AVENUE be worth now?

8 MARKHAM AVENUE might now be worth an estimated £263,404.

This is based on house price deflation of 4.2%, between December 2022 and February 2025, for detached houses, 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 4.2% deflationary decrease is applied to the most recent sale price for 8 MARKHAM AVENUE of £275,000 on 22nd December 2022. For the value to have decreased from £275,000 to £263,404 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MARKHAM AVENUE has moved in line with the HPI for detached houses in the City of Peterborough local authority area.
• The December 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARKHAM AVENUE has not materially changed since December 2022.

How Large is 8 MARKHAM AVENUE?

8 MARKHAM AVENUE is 83m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterborough, and where 8 MARKHAM AVENUE lies on this distribution: 16% of detached houses houses are smaller than 8 MARKHAM AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Peterborough.

8 MARKHAM AVENUE: Plot and Title Map

8 MARKHAM AVENUE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 MARKHAM AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 MARKHAM AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 MARKHAM AVENUE?

8 MARKHAM AVENUE is located in PETERBOROUGH, in the PE7 postcode district. The below map shows the position of No. 8 on MARKHAM AVENUE.