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House Prices in PE5

The average house price in PE5 (Peterborough) is £549,333 using HM Land Registry data.

The average property price increased by £142,417 (-8.66%) over the last 5 years and increased by £28,535 (-1.7%) over the last 12 months.

Over the last year, there were 21 residential property sales – an increase of 13 transactions (61.90%) relative to the previous year. The majority of house sales (6) were in the £250,000 - £372,000 range. Then came properties in the £372,000 - £494,000 range, where 3 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,327 (-4%).

In December 2024, there were 3 new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in PE5 (Peterborough)

-8.66%

Property prices in PE5 (Peterborough) decreased by -8.66% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE5 (Peterborough) Over the Last Year

-1.7%

Property prices in PE5 (Peterborough) decreased by -1.7% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PE5 (Peterborough) - December 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE5 (Peterborough)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE5 (Peterborough)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE5 (Peterborough)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE5 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE5 postcode area since 1995.

Recent Sales in PE5 (Peterborough)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Benams Close, Castor, Peterborough, City Of Peterborough, PE5 7AW	£320,000	£311,000	-£9,000	10 Jul 2024	01 Nov 2024	114 Days
12 Thorolds Way, Castor, Peterborough, City Of Peterborough, PE5 7AN	£325,000	£300,000	-£25,000	21 May 2024	13 Sep 2024	115 Days
41 Normangate, Ailsworth, Peterborough, City Of Peterborough, PE5 7BF	£475,000	£465,000	-£10,000	16 Feb 2024	04 Sep 2024	201 Days
17 Normangate, Ailsworth, Peterborough, City Of Peterborough, PE5 7BF	£450,000	£445,000	-£5,000	22 May 2024	16 Aug 2024	86 Days
33 Maffit Road, Ailsworth, Peterborough, City Of Peterborough, PE5 7AG	£315,000	£303,000	-£12,000	13 Jan 2024	21 Jun 2024	160 Days
42 Main Street, Ailsworth, Peterborough, City Of Peterborough, PE5 7AF	£700,000	£685,000	-£15,000	26 Jan 2024	10 Jun 2024	136 Days
1 Green Farm Close, Castor, Peterborough, City Of Peterborough, PE5 7BE	£875,000	£870,000	-£5,000	07 Nov 2023	05 Jun 2024	211 Days
1 Thorolds Way, Castor, Peterborough, City Of Peterborough, PE5 7AN	£280,000	£270,000	-£10,000	15 Jan 2024	17 May 2024	123 Days
11a, High Street, Castor, Peterborough, City Of Peterborough, PE5 7BB	£675,000	£635,000	-£40,000	25 Apr 2023	15 Mar 2024	325 Days
4 Graeme Road, Sutton, Peterborough, City Of Peterborough, PE5 7XE	£700,000	£685,000	-£15,000	21 Nov 2022	26 Jan 2024	431 Days
35 Normangate, Ailsworth, Peterborough, City Of Peterborough, PE5 7BF	£395,000	£390,000	-£5,000	13 Jun 2023	16 Jan 2024	217 Days
12 Thorolds Way, Castor, Peterborough, City Of Peterborough, PE5 7AN	£257,950	£230,000	-£27,950	02 Aug 2023	08 Dec 2023	128 Days
2b, Thorolds Way, Castor, Peterborough, City Of Peterborough, PE5 7AN	£260,000	£250,000	-£10,000	08 Jun 2023	27 Oct 2023	141 Days
25 Helpston Road, Ailsworth, Peterborough, City Of Peterborough, PE5 7AE	£600,000	£555,000	-£45,000	02 Jun 2023	25 Oct 2023	145 Days
24 Main Street, Ailsworth, Peterborough, City Of Peterborough, PE5 7AF	£375,000	£350,000	-£25,000	02 Nov 2022	07 Aug 2023	278 Days
25 Peterborough Road, Castor, Peterborough, City Of Peterborough, PE5 7AX	£550,000	£540,000	-£10,000	25 Mar 2023	07 Jul 2023	104 Days
39 Normangate, Ailsworth, Peterborough, City Of Peterborough, PE5 7BF	£500,000	£500,000	£0	30 Sep 2022	27 Mar 2023	178 Days
The Old Rickyard, 2, Water Lane, Castor, Peterborough, City Of Peterborough, PE5 7BJ	£915,000	£915,000	£0	28 Apr 2022	14 Oct 2022	169 Days
19 Benams Close, Castor, Peterborough, City Of Peterborough, PE5 7AW	£315,000	£295,000	-£20,000	30 Mar 2022	16 Sep 2022	170 Days
26 Peterborough Road, Castor, Peterborough, City Of Peterborough, PE5 7AX	£635,000	£575,000	-£60,000	03 Feb 2022	22 Aug 2022	200 Days

Most Expensive Streets in PE5 (Peterborough)

Postcode	Street	Area	Average	No. of Sales
PE5 7AX	Peterborough Road, Castor	Peterborough	£697,857	7
PE5 7AX	Peterborough Road, Castor	Peterborough	£697,857	7
PE5 7AG	Maffit Road, Ailsworth	Peterborough	£446,833	6
PE5 7AG	Maffit Road, Ailsworth	Peterborough	£446,833	6
PE5 7AF	Main Street, Ailsworth	Peterborough	£420,554	11
PE5 7AF	Main Street, Ailsworth	Peterborough	£420,554	11
PE5 7BF	Normangate, Ailsworth	Peterborough	£400,916	12
PE5 7BF	Normangate, Ailsworth	Peterborough	£400,916	12
PE5 7AE	Helpston Road, Ailsworth	Peterborough	£370,400	5
PE5 7AE	Helpston Road, Ailsworth	Peterborough	£370,400	5

Least Expensive Streets in PE5 (Peterborough)

Postcode	Street	Area	Average	No. of Sales
PE5 7BG	St Kyneburgha Close, Castor	Peterborough	£196,333	3
PE5 7BG	St Kyneburgha Close, Castor	Peterborough	£196,333	3
PE5 7DB	Carlton Court, Castor	Peterborough	£232,500	4
PE5 7DB	Carlton Court, Castor	Peterborough	£232,500	4
PE5 7AN	Thorolds Way, Castor	Peterborough	£264,000	5
PE5 7AN	Thorolds Way, Castor	Peterborough	£264,000	5
PE5 7AE	Helpston Road, Ailsworth	Peterborough	£370,400	5
PE5 7AE	Helpston Road, Ailsworth	Peterborough	£370,400	5
PE5 7BF	Normangate, Ailsworth	Peterborough	£400,916	12
PE5 7BF	Normangate, Ailsworth	Peterborough	£400,916	12