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House Prices in PE1 House Prices in PE1 (Peterborough)

The average house price in PE1 (Peterborough) is £159,535 using HM Land Registry data.

The average property price increased by £40,195 (24.93%) over the last 5 years and increased by £8,053 (3.79%) over the last 12 months.

Over the last year, there were 314 residential property sales – a decrease of 47 transactions (-14.97%) relative to the previous year. The majority of house sales (77) were in the £218,000 - £254,000 range. Then came properties in the £146,000 - £182,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 207 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,105 (-3%).

In March 2025, there were 89 new estate agency instructions, 49 agreed home sales and 56 property price reductions.

Nearby Postcodes: CB23, CB24, CB6, CB7, IP25, IP26, IP27, LN10, LN11, LN13, LN4, LN9, MK44, NG33, NG34, NN14, NN9, NR19, NR20, NR21, NR23, 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, PE4, PE5, PE6, PE7, PE8, PE9, SG19

5-Year Average Property Prices in PE1 (Peterborough)

24.93%

Property prices in PE1 (Peterborough) increased by 24.93% 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 PE1 (Peterborough) Over the Last Year

3.79%

Property prices in PE1 (Peterborough) increased by 3.79% 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 PE1 (Peterborough) - March 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 PE1 (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 PE1 (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 PE1 (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 PE1 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE1 postcode area since 1995.

Recent Sales in PE1 (Peterborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
126 Oxney Road, Peterborough, City Of Peterborough, PE1 5NG£225,000£225,000£017 Jul 202421 Feb 2025219 Days
1 Sycamore Avenue, Dogsthorpe, Peterborough, City Of Peterborough, PE1 4JN£240,000£207,000-£33,00006 Feb 202317 Feb 2025742 Days
41 Whitacre, Parnwell, Peterborough, City Of Peterborough, PE1 4SU£145,000£139,000-£6,00024 Sep 202406 Feb 2025135 Days
57 All Saints Road, Peterborough, City Of Peterborough, PE1 2QT£300,000£300,000£004 Jan 202504 Feb 202531 Days
53 Derby Drive, Peterborough, City Of Peterborough, PE1 4NG£285,000£275,000-£10,00024 Sep 202430 Jan 2025128 Days
42 Garton End Road, Peterborough, City Of Peterborough, PE1 4EJ£170,000£164,000-£6,00006 Sep 202429 Jan 2025145 Days
56 Crown Street, New England, Peterborough, City Of Peterborough, PE1 3HY£220,000£213,000-£7,00013 Aug 202429 Jan 2025169 Days
299 Gladstone Street, Peterborough, City Of Peterborough, PE1 2BZ£210,000£200,000-£10,00022 Oct 202424 Jan 202594 Days
16 Brownlow Road, Peterborough, City Of Peterborough, PE1 3PN£284,995£275,000-£9,99526 Jul 202414 Jan 2025172 Days
43 Eye Road, Peterborough, City Of Peterborough, PE1 4SA£350,000£342,500-£7,50003 Jul 202410 Jan 2025191 Days
3 Viney Close, Eastfield, Peterborough, City Of Peterborough, PE1 5LS£210,000£205,000-£5,00019 Apr 202406 Jan 2025262 Days
114 Meadenvale, Parnwell, Peterborough, City Of Peterborough, PE1 5PY£150,000£145,000-£5,00003 Sep 202403 Jan 2025122 Days
60 Derby Drive, Peterborough, City Of Peterborough, PE1 4NQ£325,000£316,500-£8,50031 May 202420 Dec 2024203 Days
43 Ash Road, Dogsthorpe, Peterborough, City Of Peterborough, PE1 4PF£240,000£232,000-£8,00009 Oct 202417 Dec 202469 Days
20 Reeves Way, Eastfield, Peterborough, City Of Peterborough, PE1 5LG£340,000£285,000-£55,00004 Oct 202417 Dec 202474 Days
4 Lammas Road, Peterborough, City Of Peterborough, PE1 3RD£280,000£270,000-£10,00026 Feb 202416 Dec 2024294 Days
37 Welland Road, Dogsthorpe, Peterborough, City Of Peterborough, PE1 3SE£285,000£277,000-£8,00018 May 202413 Dec 2024209 Days
251 Eastfield Road, Peterborough, City Of Peterborough, PE1 4BH£385,000£359,000-£26,00021 Jun 202409 Dec 2024171 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

Most Expensive Streets in PE1 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE1 4DXPark CrescentPeterborough£850,0004
PE1 4DSBroadwayPeterborough£535,8005
PE1 4AWCollege ParkPeterborough£443,3333
PE1 4DGBroadwayPeterborough£406,0007
PE1 2SHLincoln RoadPeterborough£381,6663
PE1 4BDEastfield RoadPeterborough£378,3333
PE1 4DPPrinces GardensPeterborough£374,1663
PE1 4LABarkston DrivePeterborough£360,7503
PE1 2UNQueens GardensPeterborough£320,0004
PE1 4RAEastfield RoadPeterborough£320,0003

Least Expensive Streets in PE1 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE1 4RBHeritage Court, Eastfield RoadPeterborough£46,0008
PE1 2RELincoln GatePeterborough£54,7504
PE1 2RDLincoln GatePeterborough£62,14816
PE1 3FRCentury SquarePeterborough£80,9005
PE1 5EWCobbet PlacePeterborough£81,3333
PE1 1JJPriestgate Court, PriestgatePeterborough£84,0006
PE1 2NLKimbolton CourtPeterborough£86,44612
PE1 5AGWelland House, Whalley Street, PeterboroughPeterborough£87,7504
PE1 5GWVarity House, Vicarage Farm RoadPeterborough£90,8558
PE1 3NJCecil Pacey CourtPeterborough£92,7504

Explore PE1 (Peterborough) using map

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