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House Prices in PE8 House Prices in PE8 (Peterborough)

The average house price in PE8 (Peterborough) is £514,613 using HM Land Registry data.

The average property price increased by £67,954 (28.54%) over the last 5 years and increased by £13,616 (4.23%) over the last 12 months.

Over the last year, there were 154 residential property sales – a decrease of 46 transactions (-29.87%) relative to the previous year. The majority of house sales (40) were in the £300,000 - £420,000 range. Then came properties in the £180,000 - £300,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,714 (-2%).

In Oct 24, there were 50 new estate agency instructions, 33 agreed home sales and 30 property price reductions.

Nearby Postcodes: CB23, CB24, CB6, LE15, LE16, LN10, LN11, LN13, LN4, LN9, MK44, NG33, NG34, NN14, NN15, NN16, NN17, NN18, NN6, NN9, PE1, PE10, PE11, PE12, PE13, PE15, PE16, PE19, PE2, PE20, PE21, PE22, PE23, PE24, PE25, PE26, PE27, PE28, PE29, PE3, PE4, PE5, PE6, PE7, PE9

5-Year Average Property Prices in PE8 (Peterborough)

28.54%

Property prices in Peterborough increased by 28.54% 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 PE8 (Peterborough) Over the Last Year

4.23%

Property prices in Peterborough increased by 4.23% 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 PE8 (Peterborough) - Oct 24

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 PE8 (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 PE8 (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 PE8 (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 PE8 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE8 postcode area since 1995.

Recent Sales in PE8 (Peterborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Morgans Close, Polebrook, Peterborough, North Northamptonshire, PE8 5LU£340,000£327,500-£12,50026 Mar 202413 Aug 2024140 Days
88 St Peters Road, Oundle, Peterborough, North Northamptonshire, PE8 4NQ£300,000£298,500-£1,50009 Oct 202305 Aug 2024301 Days
3 Walcot Close, Oundle, Peterborough, North Northamptonshire, PE8 4QU£250,000£245,000-£5,00022 Jan 202405 Aug 2024196 Days
3 Vine Close, Oundle, Peterborough, North Northamptonshire, PE8 4AZ£610,000£610,000£0019 Mar 202405 Aug 2024139 Days
60 St Peters Road, Oundle, Peterborough, North Northamptonshire, PE8 4NT£325,000£310,000-£15,00002 Aug 202301 Aug 2024365 Days
1 East Road, Oundle, Peterborough, North Northamptonshire, PE8 4BX£475,000£465,000-£10,00002 May 202431 Jul 202490 Days
6 Wentworth Drive, Oundle, Peterborough, North Northamptonshire, PE8 4QF£475,000£470,000-£5,00009 Apr 202419 Jul 2024101 Days
47 Springfield Road, Oundle, Peterborough, North Northamptonshire, PE8 4LT£190,000£190,000£0020 Mar 202416 Jul 2024118 Days
6 London Road, Wansford, Peterborough, Cambridgeshire, PE8 6JB£750,000£686,138-£63,86229 Aug 202312 Jul 2024318 Days
1 Orchard Close, Oundle, Peterborough, North Northamptonshire, PE8 4LG£375,000£352,000-£23,00022 Jan 202409 Jul 2024169 Days
18 School Lane, Warmington, Peterborough, North Northamptonshire, PE8 6TA£350,000£347,500-£2,50019 Mar 202403 Jul 2024106 Days
44 New Road, Oundle, Peterborough, North Northamptonshire, PE8 4LE£330,000£317,500-£12,50012 Sep 202318 Jun 2024280 Days
90 St Peters Road, Oundle, Peterborough, North Northamptonshire, PE8 4NQ£300,000£300,000£0029 Jan 202418 Jun 2024141 Days
1 Nene View, Oundle, Peterborough, North Northamptonshire, PE8 4LY£360,000£360,000£0007 Mar 202414 Jun 202499 Days
Tamarisk, Brigstock Road, Lower Benefield, Peterborough, North Northamptonshire, PE8 5AF£332,500£332,500£0014 Feb 202431 May 2024107 Days
Barleymead, Main Street, Cotterstock, Peterborough, North Northamptonshire, PE8 5HD£650,000£625,000-£25,00006 Nov 202331 May 2024207 Days
3b, Church Row, Polebrook, Peterborough, North Northamptonshire, PE8 5LT£210,000£200,000-£10,00009 Feb 202423 May 2024104 Days
24 Orchard Lane, Woodnewton, Peterborough, North Northamptonshire, PE8 5EE£695,000£695,000£0016 Feb 202409 May 202483 Days
8 Woodroffe Road, Wittering, Peterborough, City Of Peterborough, PE8 6AX£237,500£237,500£0012 Jan 202403 May 2024112 Days
4 Sutton Road, Oundle, Peterborough, North Northamptonshire, PE8 4HR£595,000£585,000-£10,00007 Oct 202309 Apr 2024185 Days

Most Expensive Streets in PE8 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE8 6RRMiddle Street, EltonPeterborough£1,088,3333
PE8 6TFSpinney Close, WarmingtonPeterborough£1,031,6663
PE8 6JXElton Road, StibbingtonPeterborough£923,00010
PE8 5HZFotheringhayPeterborough£900,7508
PE8 5HSMain Street, TansorPeterborough£865,2005
PE8 5SXWadenhoePeterborough£865,0003
PE8 6LHWaters Edge, WansfordPeterborough£838,9287
PE8 6PJPrebendal Green, YarwellPeterborough£813,3333
PE8 6EPHomefield, NassingtonPeterborough£800,0003
PE8 6ZEHuskissons Yard, Wansford RoadPeterborough£799,2323

Least Expensive Streets in PE8 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE8 6DPChurch Park, WitteringPeterborough£141,0005
PE8 4FETyne House, Riverside MaltingsPeterborough£149,99719
PE8 6BZGrange Park, WitteringPeterborough£150,5004
PE8 6ARParker Road, WitteringPeterborough£156,3756
PE8 6APEmbry Road, WitteringPeterborough£156,8927
PE8 6EEMaltby Close, WitteringPeterborough£162,6663
PE8 6ABTownsend Road, WitteringPeterborough£163,0003
PE8 6EJLale Walk, WitteringPeterborough£167,7857
PE8 6EGHammond Close, WitteringPeterborough£169,1663
PE8 6BAEmbry Road, WitteringPeterborough£173,26621

Explore PE8 (Peterborough) using map

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