PE9 2PY is a residential postcode located on Foundry Road, Stamford, PE9. It is the 879th largest postcode in the PE9 area.
It contains 35 residential addresses consisting of 20 houses and 15 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £272,513. Sales values have increased in the last 12 months by 0.5% and Rental values have increased by 4.1%.
Property sale values range from £125,531 for a leasehold flat, with 2 bedrooms split across 602 square feet of gross internal area and has no outside space to £670,105 for a freehold house, with 5 bedrooms split across 2,068 square feet of gross internal area and has a garden.
Average £/ft2 for properties in PE9 2PY is £406/ft2.
Properties achieve a rental yield of between 3% and 7.3%, and rental values range from £723 to £1,711 per month.
The last sale was 21 Nov 2022 for £226,000 and since then the market in the area as increased by -1.4%. The postcode has had a total of 4 sales since 1995.
PE9 2PY has seen 3 sales in the last three years and no sales in the last twelve months.
PE9 2PY is the 879th largest and the 237th most expensive postcode out of the 989 postcodes in the PE9 area.
PE9 2PY is a residential postcode located on Foundry Road, Stamford, PE9 with 20 houses and 15 flats within its bounds.
The most common property type in PE9 2PY is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to PE9 2PY is Stamford (Lincs) station which is 800 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PE9 2PY, 30.2% of property is socially rented and 26.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE9 2PY, 15.7% of residents are recorded as possessing school level qualifications and 35.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE9 2PY, the average age was 44.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE9 2PY, 2.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE9 2PY, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.