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House Prices in PE8 House Prices in PE8 (Peterborough)

The average house price in PE8 (Peterborough) is £421,055 using HM Land Registry data.

The average property price increased by £64,582 (28.54%) over the last 5 years and increased by £12,940 (4.23%) over the last 12 months.

Over the last year, there were 173 residential property sales – a decrease of 34 transactions (-19.65%) relative to the previous year. The majority of house sales (49) were in the £300,000 - £420,000 range. Then came properties in the £180,000 - £300,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 115 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,969 (-4%).

In Dec 24, there were 39 new estate agency instructions, 21 agreed home sales and 20 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) - Dec 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 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 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
16 Lytham Park, Oundle, Peterborough, North Northamptonshire, PE8 4FB£340,000£336,000-£4,00019 Jun 202415 Nov 2024149 Days
74 St Peters Road, Oundle, Peterborough, North Northamptonshire, PE8 4NT£240,000£228,000-£12,00017 Jul 202401 Nov 2024107 Days
17 Main Street, Thurning, Peterborough, North Northamptonshire, PE8 5RB£189,950£182,000-£7,95002 May 202430 Oct 2024181 Days
16 Little Green, Warmington, Peterborough, North Northamptonshire, PE8 6TS£650,000£649,000-£1,00025 Sep 202429 Oct 202434 Days
5 Spurlings, Oundle, Peterborough, North Northamptonshire, PE8 4DG£180,000£173,000-£7,00012 Apr 202428 Oct 2024199 Days
25 Spurlings, Oundle, Peterborough, North Northamptonshire, PE8 4DG£260,000£250,000-£10,00013 Feb 202424 Oct 2024254 Days
2 St Christophers Drive, Oundle, Peterborough, North Northamptonshire, PE8 4HU£750,000£700,000-£50,00010 Aug 202418 Oct 202469 Days
20 Glapthorn Road, Oundle, Peterborough, North Northamptonshire, PE8 4JQ£695,000£675,000-£20,00025 Sep 202414 Oct 202419 Days
2 Circus Grove, Polebrook, Peterborough, North Northamptonshire, PE8 5LE£1,525,000£1,280,000-£245,00017 Feb 202410 Oct 2024236 Days
17 Main Street, Upper Benefield, Peterborough, North Northamptonshire, PE8 5AN£595,000£565,000-£30,00023 May 202404 Oct 2024134 Days
15 Hillfield Road, Oundle, Peterborough, North Northamptonshire, PE8 4QR£600,000£600,000£0021 Jun 202402 Oct 2024103 Days
29 Bellamy Road, Oundle, Peterborough, North Northamptonshire, PE8 4NE£485,000£458,000-£27,00017 Jan 202401 Oct 2024258 Days
35 Main Street, Woodnewton, Peterborough, North Northamptonshire, PE8 5EB£550,000£505,000-£45,00021 Jun 202327 Sep 2024464 Days
2 Robinswood, Wansford, Peterborough, City Of Peterborough, PE8 6JQ£570,000£560,000-£10,00010 May 202425 Sep 2024138 Days
Denbourne, Riverside Close, Oundle, Peterborough, North Northamptonshire, PE8 4DN£850,000£850,000£0019 Jun 202425 Sep 202498 Days
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

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 4DNRiverside Close, OundlePeterborough£876,6663
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

Least Expensive Streets in PE8 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE8 6DPChurch Park, WitteringPeterborough£141,0005
PE8 6BZGrange Park, WitteringPeterborough£150,5004
PE8 4FEMedway House, Riverside MaltingsPeterborough£153,31219
PE8 6APEmbry Road, WitteringPeterborough£156,8927
PE8 6ARParker Road, WitteringPeterborough£159,0505
PE8 6ABTownsend Road, WitteringPeterborough£163,0003
PE8 4JRGreenfields Drive, OundlePeterborough£163,5003
PE8 6EJLale Walk, WitteringPeterborough£167,7857
PE8 6EEMaltby Close, WitteringPeterborough£172,6005
PE8 6BAEmbry Road, WitteringPeterborough£173,26621

Explore PE8 (Peterborough) using map

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