House Prices in PE3 House Prices in PE3 (Peterborough)

The average house price in PE3 (Peterborough) is £262,857 using HM Land Registry data.

The average property price increased by £21,447 (9.01%) over the last 5 years and increased by £4,287 (1.54%) over the last 12 months.

Over the last year, there were 178 residential property sales – a decrease of 79 transactions (-44.38%) relative to the previous year. The majority of house sales (48) were in the £130,000 - £200,000 range. Then came properties in the £200,000 - £270,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,138 (-3%).

In May 2025, there were 49 new estate agency instructions, 36 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in PE3 (Peterborough)

9.01%

Property prices in PE3 (Peterborough) increased by 9.01% 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 PE3 (Peterborough) Over the Last Year

1.54%

Property prices in PE3 (Peterborough) increased by 1.54% 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 PE3 (Peterborough) - May 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 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 PE3 (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 PE3 (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 PE3 (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 PE3 (Peterborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE3 postcode area since 1995.

Recent Sales in PE3 (Peterborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Riverside Gardens, Peterborough, City Of Peterborough, PE3 6GE£630,000£605,000-£25,00017 Jun 202431 Jan 2025228 Days
2 Winslow Road, Peterborough, City Of Peterborough, PE3 9RE£300,000£290,000-£10,00010 Oct 202431 Jan 2025113 Days
23 Clifton Avenue, Peterborough, City Of Peterborough, PE3 6AY£210,000£150,000-£60,00014 Mar 202417 Jan 2025309 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
15 Kildare Drive, Peterborough, City Of Peterborough, PE3 9TR£290,000£290,000£028 Jun 202405 Dec 2024160 Days
13 Kirkwood Close, Peterborough, City Of Peterborough, PE3 6BL£329,000£300,000-£29,00014 Aug 202429 Nov 2024107 Days
12 Dunsberry, Bretton, Peterborough, City Of Peterborough, PE3 8LA£260,000£260,000£024 Jun 202428 Nov 2024157 Days
3 Wayford Close, Peterborough, City Of Peterborough, PE3 9NL£400,000£400,000£028 Jun 202414 Nov 2024139 Days
17 Risby, Bretton, Peterborough, City Of Peterborough, PE3 8QR£220,000£217,500-£2,50023 Aug 202408 Nov 202477 Days
158 Eyrescroft, Bretton, Peterborough, City Of Peterborough, PE3 8EX£260,000£240,000-£20,00012 Jun 202401 Nov 2024142 Days
35 Thorpe Park Road, Peterborough, City Of Peterborough, PE3 6LJ£475,000£475,000£014 Jun 202425 Oct 2024133 Days
131 Thorpe Road, Peterborough, City Of Peterborough, PE3 6JH£695,000£695,000£017 Apr 202424 Oct 2024190 Days
7 Teanby Court, Bretton, Peterborough, City Of Peterborough, PE3 9AT£325,000£320,000-£5,00010 Jul 202424 Oct 2024106 Days
16 Sovereign Place, Peterborough, City Of Peterborough, PE3 6DS£130,000£118,000-£12,00010 May 202421 Oct 2024164 Days
4 Elmore Road, Peterborough, City Of Peterborough, PE3 9PT£300,000£280,000-£20,00029 Mar 202409 Oct 2024194 Days
91 Ledbury Road, Peterborough, City Of Peterborough, PE3 9RA£270,000£255,000-£15,00006 Mar 202407 Oct 2024215 Days
63 Brookfurlong, Peterborough, City Of Peterborough, PE3 7LQ£195,000£189,000-£6,00009 Jul 202404 Oct 202487 Days
24 Westhawe, Bretton, Peterborough, City Of Peterborough, PE3 8BA£575,000£540,000-£35,00029 Apr 202403 Oct 2024157 Days
44 Atherstone Avenue, Peterborough, City Of Peterborough, PE3 9TY£395,000£385,000-£10,00011 Jun 202403 Oct 2024114 Days

Most Expensive Streets in PE3 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE3 6LAThorpe AvenuePeterborough£809,6663
PE3 6NLMagdellan CourtPeterborough£701,6663
PE3 6LSLongthorpe Green, LongthorpePeterborough£700,5004
PE3 6GAThorpe MeadowsPeterborough£671,0003
PE3 6SSHolywell Way, LongthorpePeterborough£617,3889
PE3 6JQThorpe RoadPeterborough£604,0915
PE3 6GXMemorial Way, West TownPeterborough£593,0006
PE3 6LDThurlaston Close, LongthorpePeterborough£586,6663
PE3 6LXThorpe RoadPeterborough£582,4005
PE3 6JLWestwood Park RoadPeterborough£569,62516

Least Expensive Streets in PE3 (Peterborough)

PostcodeStreetAreaAverageNo. of Sales
PE3 8EAEastnor House, Bretton GreenPeterborough£90,5004
PE3 6DJAshfields, The DrivePeterborough£111,6254
PE3 6ENPeterhouse Close, West TownPeterborough£113,7779
PE3 9YDDeerleap, BrettonPeterborough£119,9287
PE3 6BTVintners Close, West TownPeterborough£121,3333
PE3 9PLAudley House, Audley GatePeterborough£124,0003
PE3 7EQChelveston Way, WestwoodPeterborough£127,3333
PE3 9TNLime Kiln Close, West TownPeterborough£130,0006
PE3 6DERathbone Crescent, West TownPeterborough£135,2086
PE3 6BUAmanda CourtPeterborough£136,7504

Explore PE3 (Peterborough) using map

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