# 2 bedroom terraced house for sale (PE15 8NX)

## Property Details

| Key | Value |
|-----|-------|
| Address | 37 HIGH SCHOOL CLOSE, MARCH, CAMBRIDGESHIRE PE15 8NX |
| Price | £150,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £150,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** A
- **Expiry date:** 18/03/2035
- **Current heating cost:** £808/year
- **Est. upgrade cost to C:** £16,248

### Recommendations
- A (£100 - £350)
- W2 (£4,000 - £6,000)
- C (£15 - £30)
- L2 (£1,200 - £1,800)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7435-6027-5400-0631-8292)

## Description

**** **** Offered with no chain this home is ideal for a first time buyer and boasts kitchen with oven and hob, lounge opening to the garden, two good size bedrooms and first floor bathroom. Outside there is an allocated parking space whilst to the rear the south facing garden is laid mainly to patio.

Ground Floor

Porch

Hall

Electric radiator, stairs to first floor and landing.

Kitchen 

3.20m (10'6") x 1.70m (5'7")

Fitted with wall and base units with one and half bowl sink unit with mixer tap, plumbing for washing machine, integral oven and hob, window to front.

Lounge/Diner 

4.60m (15'1") x 3.60m (11'10")

Window to rear, storage cupboard, electric radiator, door to garden.

First Floor & Landing

Access to loft.

Bedroom 1 

3.60m (11'10") x 3.10m (10'2")

Two windows to rear, electric storage heater.

Bedroom 2 

2.86m (9'4") x 2.70m (8'10")

Two windows to front, triple wardrobe, airing cupboard with hot water tank, storage cupboard.

Bathroom

Fitted with three piece suite comprising panelled bath with electric shower over, wash hand basin and WC.

Outside

There is an allocated parking space to the front of the property.  The south facing rear garden is mainly laid to patio with raised beds, garden shed and water supply.

Freehold

Council tax band A

Buyer ID Checks

To meet legal requirements, we must verify the identity of all buyers. Our partner, Simplify, will handle this process and will contact you directly once your offer is accepted, subject to contract, to collect the necessary details and payment.

The cost is £40 + VAT (£48) per transaction, payable upon offer acceptance. A memorandum of sale can only be issued once these checks are complete.

Our team will guide you through the process when you make an offer on a property.

Disclaimer

All property details, photographs, floorplans, and other marketing materials produced by Ellis Winters are for general guidance only and do not form part of any contract. While we strive for accuracy, measurements, descriptions, and other information are provided in good faith but should be independently verified. We recommend that prospective buyers conduct their own due diligence before making any decisions.

 

## Property Photos

- ![Photo](/listings/photos/159264881/638759)
- ![Photo](/listings/photos/159264881/638764)
- ![Photo](/listings/photos/159264881/638767)
- ![Photo](/listings/photos/159264881/638773)
- ![Photo](/listings/photos/159264881/638778)
- ![Photo](/listings/photos/159264881/638784)
- ![Photo](/listings/photos/159264881/638787)

## Floorplans

- ![Floorplan 1](/listings/photos/159264881/638791) - Floorplan 1

## EPC Graphs

- ![EPC Front Page](/listings/photos/159264881/638794) - EPC Front Page

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £150,000 | 27/02/2026 | Terraced |
| 37 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £44,950 | 26/05/2000 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 4 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £255,000 | 11/11/2025 | Semi-detached |
| [Same street] 35 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £180,000 | 24/11/2023 | Terraced |
| 4 HEREWARD STREET, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8LY | £149,000 | 30/09/2022 | Terraced |
| 1 COUNTY ROAD, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8ND | £167,000 | 13/05/2022 | Terraced |
| [Same street] 19 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £118,000 | 29/04/2022 | Terraced |
| [Same street] 47 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £190,000 | 03/03/2022 | Semi-detached |
| [Same street] 49 HIGH SCHOOL CLOSE, MARCH, FENLAND, CAMBRIDGESHIRE, PE15 8NX | £190,000 | 04/11/2021 | Semi-detached |

**Street average:** £186,600 (5 sales)
**Area average:** £158,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £178,760 (24 Terraced, PE15, 2024–2026)
- **Deviation:** -16.1%

## Rental Range

*ONS Price Index of Private Rents (Fenland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £749/mo
- **Realistic:** £832/mo
- **Optimistic:** £915/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Bungalow, Festival Homes, PE15 | £995/mo | 2 | 0.39 miles | OpenRent |
| 2 Bed Maisonette, Marwick House, PE15 | £790/mo | 2 | 0.4 miles | OpenRent |
| 2 Bed Terraced House, Cabaret Court, PE15 | £850/mo | 2 | 0.46 miles | OpenRent |
| 2 Bed End Terrace, Wisbech Road, PE15 | £900/mo | 2 | 0.53 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £725/mo | 2 | 0.62 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £720/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £730/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £730/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £750/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £750/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £750/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £760/mo | 2 | 0.64 miles | OpenRent |
| 2 Bed Flat, Bevills Place, PE15 | £775/mo | 2 | 0.64 miles | OpenRent |

**Average rent: £787/mo (13 listings)**

## 1% Rule

- **Rent ratio:** 0.5% (weak for cashflow)
- **Max investor price (0.8%):** £93,750
- **Target investor price (1%):** £75,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £750/mo).*

- **Gross yield:** 6%
- **Cost-to-rent:** 16.7×
- **Monthly cashflow:** £59/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,586/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 15.6%
- **10y growth:** 29%

## House Price Index (HM Land Registry)

*Official index for Fenland; Terraced series; as of March 2026.*

- **1y growth (index):** 2%
- **5y growth (index):** 17.9%
- **10y growth (index):** 46.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)