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House Prices in PE7 House Prices in PE7 (Peterborough)

The average house price in PE7 (Peterborough) is £282,699 using HM Land Registry data.

The average property price increased by £45,146 (25.56%) over the last 5 years and increased by £9,025 (3.87%) over the last 12 months.

Over the last year, there were 538 residential property sales – a decrease of 482 transactions (-89.59%) relative to the previous year. The majority of house sales (131) were in the £244,000 - £296,000 range. Then came properties in the £192,000 - £244,000 range, where 125 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,466 (-2%).

In June 2024, there were 165 new estate agency instructions, 92 agreed home sales and 105 property price reductions.

Nearby Postcodes: CB23, CB24, CB6, LN10, LN11, LN13, LN4, LN9, MK44, NG34, NN14, NN17, NN9, PE1, PE10, PE11, PE12, PE13, PE14, PE15, PE16, PE19, PE2, PE20, PE21, PE22, PE23, PE24, PE25, PE26, PE27, PE28, PE29, PE3, PE4, PE5, PE6, PE8, PE9

5-Year Average Property Prices in PE7 (Peterborough)

25.56%

Property prices in Peterborough increased by 25.56% 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 PE7 (Peterborough) Over the Last Year

3.87%

Property prices in Peterborough increased by 3.87% 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.

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).

Property Market Heat Gauge for PE7 (Peterborough) - June 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 PE7 (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 PE7 (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 PE7 (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 PE7 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE7 postcode area since 1995.

Recent Sales in PE7 (Peterborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Speechley Road, Yaxley, Peterborough, Cambridgeshire, PE7 3JQ£195,000£187,500-£7,50028 Feb 202410 May 202472 Days
13 Andrewes Close, Farcet, Peterborough, Cambridgeshire, PE7 3BB£285,000£275,000-£10,00030 Oct 202307 May 2024190 Days
83 Main Street, Yaxley, Peterborough, Cambridgeshire, PE7 3LZ£230,000£225,000-£5,00004 Jan 202403 May 2024120 Days
62 Chestnut Crescent, Whittlesey, Peterborough, Cambridgeshire, PE7 1TW£129,995£113,000-£16,99511 Nov 201401 May 20243459 Days
29 Wakelyn Road, Whittlesey, Peterborough, Cambridgeshire, PE7 1JT£190,000£190,000£0026 Dec 202326 Apr 2024122 Days
37 Elm Road, Folksworth, Peterborough, Cambridgeshire, PE7 3SX£270,000£261,500-£8,50026 Dec 202322 Apr 2024118 Days
32 Apple Tree Close, Yaxley, Peterborough, Cambridgeshire, PE7 3JY£250,000£237,000-£13,00006 Feb 202419 Apr 202473 Days
71 Laburnum Avenue, Yaxley, Peterborough, Cambridgeshire, PE7 3YQ£190,000£185,000-£5,00024 Jan 202419 Apr 202486 Days
2 Shore View, Hampton Hargate, Peterborough, City Of Peterborough, PE7 8FS£420,000£415,000-£5,00020 Sep 202328 Mar 2024190 Days
20 Redshank Way, Hampton Vale, Peterborough, City Of Peterborough, PE7 8LX£240,000£236,000-£4,00026 Dec 202328 Mar 202493 Days
9 Archers Wood, Hampton Hargate, Peterborough, City Of Peterborough, PE7 8AZ£320,000£320,000£0005 Oct 202308 Mar 2024155 Days
11 St Marys Street, Whittlesey, Peterborough, Cambridgeshire, PE7 1BG£260,000£250,000-£10,00005 Jun 202307 Mar 2024276 Days
8 Pinewood Avenue, Whittlesey, Peterborough, Cambridgeshire, PE7 1EU£170,000£165,000-£5,00018 Jul 202304 Mar 2024230 Days
3 Mallow Lane, Folksworth, Peterborough, Cambridgeshire, PE7 3SW£350,000£310,000-£40,00004 Sep 202301 Mar 2024179 Days
19 Main Street, Yaxley, Peterborough, Cambridgeshire, PE7 3LZ£300,000£280,000-£20,00015 Jun 202301 Mar 2024260 Days
5 Cock Close Road, Yaxley, Peterborough, Cambridgeshire, PE7 3HJ£315,000£315,000£0004 Oct 202327 Feb 2024146 Days
38 New Road, Whittlesey, Peterborough, Cambridgeshire, PE7 1SU£170,000£164,995-£5,00502 Feb 202223 Feb 2024751 Days
27 Apple Tree Close, Yaxley, Peterborough, Cambridgeshire, PE7 3JY£250,000£250,000£0005 Jul 202322 Feb 2024232 Days
72 Saxon Road, Whittlesey, Peterborough, Cambridgeshire, PE7 1NP£220,000£220,000£0020 Sep 202322 Feb 2024155 Days
10 Chervil Close, Folksworth, Peterborough, Cambridgeshire, PE7 3SZ£260,000£240,000-£20,00027 Jul 202314 Feb 2024202 Days

Most Expensive Streets in PE7 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE7 8SLBoundary Lane, Hampton WaterPeterborough£742,33315
PE7 3PHStation Road, HolmePeterborough£739,6663
PE7 8JGWinsor Crescent, Hampton ValePeterborough£688,0005
PE7 2BXMarch Road, CoatesPeterborough£683,3333
PE7 3SPFolksworth Road, Norman CrossPeterborough£677,5004
PE7 3SSMorborne Road, FolksworthPeterborough£602,5004
PE7 3TEMeadow View, Great North RoadPeterborough£575,0003
PE7 2EDFeldale Lane, CoatesPeterborough£531,0005
PE7 3DJStraight Drove, FarcetPeterborough£512,8333
PE7 3UPOundle Road, AlwaltonPeterborough£500,1605

Least Expensive Streets in PE7 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE7 0LFLondon RoadPeterborough£40,2003
PE7 1AUCauseway Centre, High CausewayPeterborough£84,3754
PE7 8GYHedda Drive, Hampton HargatePeterborough£96,97328
PE7 8FGLakeview Way, Hampton CentrePeterborough£111,2503
PE7 8GNBrickstead Road, Hampton CentrePeterborough£112,0005
PE7 1HUMartin Court, Gracious Street, WhittleseyPeterborough£113,7504
PE7 3FLChapel Court, StiltonPeterborough£117,5004
PE7 8HAWarren Court, Hampton HargatePeterborough£122,7504
PE7 8FQHargate Way, Hampton HargatePeterborough£123,55010
PE7 8GREagle Way, Hampton CentrePeterborough£124,8124

Explore PE7 (Peterborough) using map

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