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House Prices in PE4 House Prices in PE4 (Peterborough)

The average house price in PE4 (Peterborough) is £221,750 using HM Land Registry data.

The average property price increased by £64,087 (28.04%) over the last 5 years and increased by £12,811 (4.17%) over the last 12 months.

Over the last year, there were 275 residential property sales – a decrease of 148 transactions (-53.82%) relative to the previous year. The majority of house sales (61) were in the £182,000 - £224,000 range. Then came properties in the £224,000 - £266,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,309 (-2%).

In June 2024, there were 73 new estate agency instructions, 47 agreed home sales and 28 property price reductions.

Nearby Postcodes: CB23, CB24, CB6, CB7, IP25, IP26, IP27, LE15, LN10, LN11, LN13, LN4, LN9, MK44, NG33, NG34, NN14, NN17, NN9, NR19, NR20, NR21, NR23, PE1, PE10, PE11, PE12, PE13, PE14, PE15, PE16, PE19, PE2, PE20, PE21, PE22, PE23, PE24, PE25, PE26, PE27, PE28, PE29, PE3, PE30, PE31, PE32, PE33, PE34, PE35, PE36, PE37, PE38, PE5, PE6, PE7, PE8, PE9, SG19

5-Year Average Property Prices in PE4 (Peterborough)

28.04%

Property prices in Peterborough increased by 28.04% 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 PE4 (Peterborough) Over the Last Year

4.17%

Property prices in Peterborough increased by 4.17% 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 PE4 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 PE4 (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 PE4 (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 PE4 (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 PE4 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE4 postcode area since 1995.

Recent Sales in PE4 (Peterborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Sobrite Way, Peterborough, City Of Peterborough, PE4 5EQ£270,000£262,000-£8,00025 May 202317 May 2024358 Days
23 Kendal Close, Gunthorpe, Peterborough, City Of Peterborough, PE4 7GN£230,000£230,000£0009 Nov 202330 Apr 2024173 Days
44 Caverstede Road, Peterborough, City Of Peterborough, PE4 6EX£220,000£212,000-£8,00026 Jan 202426 Apr 202491 Days
123 Hallfields Lane, Gunthorpe, Peterborough, City Of Peterborough, PE4 7YN£180,000£180,000£0010 Jan 202425 Apr 2024106 Days
61 Storrington Way, Werrington, Peterborough, City Of Peterborough, PE4 6QP£250,000£225,000-£25,00019 Feb 202419 Apr 202460 Days
49 Holmes Way, Paston, Peterborough, City Of Peterborough, PE4 7XZ£230,000£230,000£0018 Oct 202312 Apr 2024177 Days
104 Sunnymead, Werrington, Peterborough, City Of Peterborough, PE4 5BZ£170,000£162,000-£8,00026 Jan 202408 Apr 202473 Days
139 Arundel Road, Walton, Peterborough, City Of Peterborough, PE4 6JQ£270,000£265,000-£5,00017 Nov 202305 Apr 2024140 Days
24 Churchfield Court, Walton, Peterborough, City Of Peterborough, PE4 6GB£210,000£203,000-£7,00026 Dec 202304 Apr 2024100 Days
40 Mountsteven Avenue, Walton, Peterborough, City Of Peterborough, PE4 6HP£240,000£230,000-£10,00026 Dec 202303 Apr 202499 Days
Flat 5, Wren Court, Church Street, Werrington, Peterborough, City Of Peterborough, PE4 6PW£150,000£150,000£0019 Oct 202328 Mar 2024161 Days
10 Arundel Road, Walton, Peterborough, City Of Peterborough, PE4 6JJ£170,000£165,500-£4,50027 Oct 202327 Mar 2024152 Days
2 The Courtyard, Werrington, Peterborough, City Of Peterborough, PE4 6RY£300,000£300,000£0009 Nov 202327 Mar 2024139 Days
75 Gunthorpe Road, Peterborough, City Of Peterborough, PE4 7TR£260,000£230,500-£29,50003 Oct 202327 Mar 2024176 Days
11 Barnes Way, Werrington, Peterborough, City Of Peterborough, PE4 6QD£360,000£360,000£0026 Sep 202326 Mar 2024182 Days
24 Andrews Crescent, Paston, Peterborough, City Of Peterborough, PE4 7XL£190,000£180,000-£10,00019 Jul 202322 Mar 2024247 Days
22 Derwent Drive, Gunthorpe, Peterborough, City Of Peterborough, PE4 7YT£250,000£250,000£0011 Oct 202322 Mar 2024163 Days
47 Cissbury Ring, Werrington, Peterborough, City Of Peterborough, PE4 6QJ£275,000£267,500-£7,50024 Aug 202318 Mar 2024207 Days
1 Ivy Grove, Gunthorpe, Peterborough, City Of Peterborough, PE4 7TW£180,000£175,000-£5,00018 Dec 202301 Mar 202474 Days
22 Redbridge, Werrington, Peterborough, City Of Peterborough, PE4 5DP£300,000£295,000-£5,00028 Aug 202319 Feb 2024175 Days

Most Expensive Streets in PE4 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE4 6SYMulberry Gardens, PastonPeterborough£646,6663
PE4 6SPFulbridge RoadPeterborough£574,6663
PE4 6BJLittlecote GrovePeterborough£461,2504
PE4 6RAHall Lane, WerringtonPeterborough£435,5559
PE4 6QEChurch Street, WerringtonPeterborough£408,3336
PE4 6ZBCrester Drive, WerringtonPeterborough£390,8333
PE4 6BEIhlee Close, PastonPeterborough£385,0004
PE4 7ZPHythegate, WerringtonPeterborough£372,8577
PE4 6RDFenbridge Road, WerringtonPeterborough£370,2504
PE4 7ZFBaron Court, WerringtonPeterborough£367,5003

Least Expensive Streets in PE4 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE4 7UXThe FlatsPeterborough£103,2004
PE4 7BNCartwright GrovePeterborough£117,4163
PE4 5AHWainwright, WerringtonPeterborough£123,40015
PE4 5BDSomerville, WerringtonPeterborough£126,40911
PE4 7BZMason GrovePeterborough£127,0003
PE4 6PWWren Court, Church Street, WerringtonPeterborough£128,2005
PE4 5BBSomerville, WerringtonPeterborough£129,17313
PE4 6NQWelbourne, WerringtonPeterborough£130,2504
PE4 7TBChiltern Rise, GunthorpePeterborough£130,6814
PE4 6AUKelso Court, WaltonPeterborough£133,7503

Explore PE4 (Peterborough) using map

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