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Peterborough House Prices Peterborough House Prices

The average house price in Peterborough is £214,694 using HM Land Registry data.

The average property price increased by £41,189 (18.7%) over the last 5 years and increased by £8,251 (3.26%) over the last 12 months.

Over the last year, there were 1,479 residential property sales – a decrease of 492 transactions (-33.27%) relative to the previous year. The majority of house sales (380) were in the £180,000 - £230,000 range. Then came properties in the £230,000 - £280,000 range, where 326 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 162 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,555 (-2%).

In January 2025, there were 375 new estate agency instructions, 240 agreed home sales and 206 property price reductions.

Postcodes Covered: PE1, PE2, PE3, PE4, PE7

5-Year Average Property Prices in Peterborough

18.7%

Property prices in Peterborough increased by 18.7% 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 Peterborough Over the Last Year

3.26%

Property prices in Peterborough increased by 3.26% 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 Peterborough - January 2025

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 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 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 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 Peterborough since 1995

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

Recent Property Sales in Peterborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
60 Derby Drive, Peterborough, City Of Peterborough, PE1 4NQ£325,000£316,500-£8,50031 May 202420 Dec 2024203 Days
25 Sebrights Way, Bretton, Peterborough, City Of Peterborough, PE3 9BT£539,000£525,000-£14,00007 Jun 202417 Dec 2024193 Days
38 Odecroft, Peterborough, City Of Peterborough, PE3 7LX£195,000£185,000-£10,00021 Jun 202416 Dec 2024178 Days
37 Welland Road, Dogsthorpe, Peterborough, City Of Peterborough, PE1 3SE£285,000£277,000-£8,00018 May 202413 Dec 2024209 Days
3 Wycliffe Grove, Werrington, Peterborough, City Of Peterborough, PE4 5DE£200,000£195,000-£5,00015 Jul 202413 Dec 2024151 Days
9 Gascoigne, Peterborough, City Of Peterborough, PE4 5EH£450,000£450,000£001 Jan 202412 Dec 2024346 Days
42 Marlowe Grove, Peterborough, City Of Peterborough, PE4 6ST£270,000£267,500-£2,50012 Jun 202411 Dec 2024182 Days
17 Patterdale Drive, Gunthorpe, Peterborough, City Of Peterborough, PE4 7ZU£310,000£300,000-£10,00028 Aug 202410 Dec 2024104 Days
38 Beverstone, Orton Brimbles, Peterborough, City Of Peterborough, PE2 5YN£200,000£198,500-£1,50004 Jun 202410 Dec 2024189 Days
35 Latham Avenue, Orton Longueville, Peterborough, City Of Peterborough, PE2 7AD£325,000£320,000-£5,00015 Aug 202409 Dec 2024116 Days
80 Paston Lane, Walton, Peterborough, City Of Peterborough, PE4 6HA£275,000£270,000-£5,00013 Aug 202405 Dec 2024114 Days
15 Kildare Drive, Peterborough, City Of Peterborough, PE3 9TR£290,000£290,000£028 Jun 202405 Dec 2024160 Days
125 Caldbeck Close, Gunthorpe, Peterborough, City Of Peterborough, PE4 7NE£170,000£166,600-£3,40010 Jun 202404 Dec 2024177 Days
158 Lincoln Road, Peterborough, City Of Peterborough, PE1 2NR£300,000£290,000-£10,00021 Jun 202429 Nov 2024161 Days
81 Northfield Road, Peterborough, City Of Peterborough, PE1 3QF£200,000£190,000-£10,00015 Aug 202429 Nov 2024106 Days
100 Churchfield Road, Walton, Peterborough, City Of Peterborough, PE4 6HE£190,000£190,000£020 Aug 202429 Nov 2024101 Days
64 Pennine Way, Gunthorpe, Peterborough, City Of Peterborough, PE4 7TE£250,000£240,000-£10,00015 Aug 202429 Nov 2024106 Days
22 Werrington Park Avenue, Werrington, Peterborough, City Of Peterborough, PE4 6RG£230,000£230,000£012 Jul 202429 Nov 2024140 Days
61 Houghton Avenue, Stanground, Peterborough, City Of Peterborough, PE2 8UR£320,000£310,000-£10,00006 Aug 202429 Nov 2024115 Days
76 St Margarets Place, Peterborough, City Of Peterborough, PE2 9EB£180,000£175,000-£5,00007 May 202429 Nov 2024206 Days

Most Expensive Streets in Peterborough

PostcodeStreetAreaAverageNo. of Sales
PE3 6LAThorpe AvenuePeterborough£809,6663
PE1 4DXPark CrescentPeterborough£766,6663
PE7 8SLBoundary LaneHampton Water£757,18716
PE3 6NLMagdellan CourtPeterborough£701,6663
PE3 6LSLongthorpe GreenPeterborough£700,5004
PE7 8JGWinsor CrescentHampton Vale£691,6666
PE3 6GAThorpe MeadowsPeterborough£671,0003
PE2 7QAEngaineOrton Longueville£655,0003
PE4 6SYMulberry GardensPaston£646,6663
PE2 7DPThe VillageOrton Longueville£615,5004

Least Expensive Streets in Peterborough

PostcodeStreetAreaAverageNo. of Sales
PE7 0LFLondon RoadPeterborough£40,2003
PE1 4RBHeritage CourtEastfield Road£46,4287
PE2 5PPHomenene HouseBushfield£48,6258
PE1 2RELincoln GatePeterborough£58,7005
PE1 2RDLincoln GatePeterborough£62,14816
PE2 9ELPhorpres CourtSt Margarets Road£77,0003
PE1 3FRCentury SquarePeterborough£80,9005
PE1 5EWCobbet PlacePeterborough£81,3333
PE2 7HTShrewsbury CourtShrewsbury Avenue£81,3333
PE1 1JJPriestgate CourtPriestgate£84,0006

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