Peterborough property prices

The average property price in Peterborough postcode area is £241k. The average price increased by £3.9k (2%) over the last twelve months. The price of an established property is £237k. The price of a newly built property is £271k. There were 10.1k property sales and sales dropped by 31.7% (-5.4k transactions). Most properties were sold in the £150k-£200k price range with 2557 (25.4%) properties sold, followed by £200k-£250k price range with 2084 (20.7%) properties sold.

December 2019 - November 2020

Peterborough postcode area

England and Wales

£241k

average property price

£308k

average property price

2%

average price percentage change

4%

average price percentage change

£3.9k

average price change

£12.9k

average price change

Peterborough house prices map

This price map shows the average property price in a given postcode sector between December 2019 - November 2020. The most affordable place was 'PE21 6' with the average price of £99.3k. The most expensive place was 'PE31 8', £550k.

Peterborough house prices map

Peterborough house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between December 2019 - November 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Peterborough house prices compared to other areasAverage price percentage change
Average property price

Peterborough house price rank

With the average price of £241k, Peterborough is the 44. cheapest postcode area out of 105 England and Wales' postcode areas.

Peterborough house price rank

Peterborough property sales share by price range

shows a number of properties sold in a given price range between December 2019 - November 2020.

Peterborough property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%5
£50k-£100k4.8%487
£100k-£150k15.9%1.6k
£150k-£200k25.4%2.6k
£200k-£250k20.7%2.1k
£250k-£300k12.8%1.3k
£300k-£400k11.9%1.2k
£400k-£500k4.6%461
£500k-£750k2.9%291
£750k-£1M0.6%63
over £1M0.3%32

Peterborough cost comparison of new homes and older homes

December 2019 - November 2020

Peterborough cost comparison of new homes and older homes

£271k

A newly built property

£237k

An established property

Peterborough cost comparison of houses and flats

December 2019 - November 2020

Peterborough cost comparison of houses and flats

£308k

Detached

£134k

Flat

£207k

Semi-Detached

£181k

Terraced

Peterborough real house prices

Yearly average nominal house prices adjusted for inflation.

Peterborough real house prices

Peterborough house prices compared to England & Wales' house prices

Yearly average nominal prices

Peterborough house prices

Peterborough house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Peterborough house prices and nearby areas

Yearly average nominal prices

Peterborough house prices and nearby areas

Peterborough house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Peterborough house prices new vs established

Peterborough house prices by property type

Yearly average nominal prices

Peterborough house prices by property type

Peterborough house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.7 in East Lindsey and 8.7 in Huntingdonshire. Ie. East Lindsey resident with middle-income needs 6.7 gross annual salaries to buy a medium-priced property. Resident in Huntingdonshire needs 8.7 annual salaries. The England and Wales ratio was 7.7 in 2019.
Peterborough house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
East Lindsey6.7
Fenland6.7
South Holland6.9
East Northamptonshire7.1
Peterborough7.2
Boston7.3
England and Wales7.7
King's Lynn and West Norfolk7.9
Huntingdonshire8.7

Other reports for Peterborough postcode area

new home prices

property transactions

home energy certificates

home features

energy costs

crime statistics

population statistics

salary and unemployment

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