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House Prices in PE2 House Prices in PE2 (Peterborough)

The average house price in PE2 (Peterborough) is £256,756 using HM Land Registry data.

The average property price increased by £58,285 (35.14%) over the last 5 years and increased by £11,678 (4.99%) over the last 12 months.

Over the last year, there were 477 residential property sales – a decrease of 112 transactions (-23.48%) relative to the previous year. The majority of house sales (142) were in the £184,000 - £238,000 range. Then came properties in the £238,000 - £292,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 219 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,152 (-3%).

In February 2025, there were 134 new estate agency instructions, 83 agreed home sales and 65 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, 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 PE2 (Peterborough)

35.14%

Property prices in PE2 (Peterborough) increased by 35.14% 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 PE2 (Peterborough) Over the Last Year

4.99%

Property prices in PE2 (Peterborough) increased by 4.99% 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 PE2 (Peterborough) - February 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 PE2 (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 PE2 (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 PE2 (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 PE2 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE2 postcode area since 1995.

Recent Sales in PE2 (Peterborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Stonebridge, Orton Malborne, Peterborough, City Of Peterborough, PE2 5NF£260,000£180,000-£80,00009 Jun 201731 Jan 20252793 Days
22 Rosyth Avenue, Orton Southgate, Peterborough, City Of Peterborough, PE2 6SL£410,000£398,000-£12,00018 Jul 202431 Jan 2025197 Days
206 Oundle Road, Peterborough, City Of Peterborough, PE2 9QA£170,000£170,000£024 Aug 201924 Jan 20251980 Days
58 Hadrians Court, Peterborough, City Of Peterborough, PE2 8NJ£179,995£175,000-£4,99529 Feb 202421 Jan 2025327 Days
75 Woodhurst Road, Peterborough, City Of Peterborough, PE2 8PG£250,000£250,000£021 Aug 202406 Jan 2025138 Days
1 Houghton Avenue, Stanground, Peterborough, City Of Peterborough, PE2 8UR£375,000£365,000-£10,00025 Apr 202403 Jan 2025253 Days
168 Southfields Avenue, Peterborough, City Of Peterborough, PE2 8RY£250,000£245,000-£5,00028 Sep 202418 Dec 202481 Days
128 Blackmead, Orton Malborne, Peterborough, City Of Peterborough, PE2 5PZ£215,000£210,000-£5,00017 Sep 202418 Dec 202492 Days
8 Otterbrook, Orton Brimbles, Peterborough, City Of Peterborough, PE2 5YH£195,000£191,000-£4,00004 Oct 202416 Dec 202473 Days
105 Queens Walk, Peterborough, City Of Peterborough, PE2 9AN£200,000£195,000-£5,00016 Aug 202413 Dec 2024119 Days
6 New Road, Orton Waterville, Peterborough, City Of Peterborough, PE2 5EJ£370,000£370,000£016 Aug 202413 Dec 2024119 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
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
32 Fraserburgh Way, Orton Southgate, Peterborough, City Of Peterborough, PE2 6SS£450,000£420,000-£30,00009 Apr 202429 Nov 2024234 Days
21 Cherry Orton Road, Orton Waterville, Peterborough, City Of Peterborough, PE2 5EQ£425,000£420,000-£5,00021 Jul 202425 Nov 2024127 Days
24 Honeysuckle Court, Peterborough, City Of Peterborough, PE2 9JT£215,000£210,000-£5,00012 Apr 202411 Nov 2024213 Days
14 Hadrians Court, Peterborough, City Of Peterborough, PE2 8NJ£100,000£99,000-£1,00018 Mar 202411 Nov 2024238 Days
17 Barley Mews, Peterborough, City Of Peterborough, PE2 9QL£135,000£135,000£018 Apr 202408 Nov 2024204 Days

Most Expensive Streets in PE2 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE2 7DJOundle Road, Orton LonguevillePeterborough£731,6663
PE2 7QAEngaine, Orton LonguevillePeterborough£655,0003
PE2 7DPThe Village, Orton LonguevillePeterborough£615,5004
PE2 7ZWTrienna, Orton LonguevillePeterborough£584,5005
PE2 6BSArbroath Gardens, Orton NorthgatePeterborough£568,3333
PE2 6YZSvenskaby, Orton WistowPeterborough£525,13611
PE2 5FHVetchfield, Orton BrimblesPeterborough£522,0005
PE2 5EFCherry Orton Road, Orton WatervillePeterborough£502,2005
PE2 7BLLongfield Gate, Orton LonguevillePeterborough£482,8005
PE2 7EBGrange Crescent, Orton LonguevillePeterborough£480,0003

Least Expensive Streets in PE2 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE2 5PPHomenene House, BushfieldPeterborough£46,4287
PE2 9ELPhorpres Court, St Margarets RoadPeterborough£77,0003
PE2 7HTShrewsbury Court, Shrewsbury AvenuePeterborough£81,3333
PE2 5TQMisterton Court, Orton GoldhayPeterborough£86,61513
PE2 8JJAppleyardPeterborough£95,3333
PE2 9QFAlbion Close, WoodstonPeterborough£95,9163
PE2 8QTFarnsworth Court, FleetwayPeterborough£98,8333
PE2 8NHHadrians CourtPeterborough£103,7905
PE2 8NJHadrians CourtPeterborough£103,8339
PE2 8DSFellowes RoadPeterborough£111,53116

Explore PE2 (Peterborough) using map

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