House Prices in City Of Peterborough

Property Market Overview — Peterborough has recorded over 16,000 property sales in the past five years, with an average price of £308,366 and a median of £228,000. The market has experienced significant contraction, with prices falling 39.3% across the period, though recent activity suggests some volatility in annual trends.

Property Types and Price Differences — Detached homes command the highest prices at around £375,000, roughly double the cost of terraced properties at £192,000. Semi-detached homes sit in the middle at £236,000, while flats are substantially cheaper at £140,000—less than half the price of semi-detached properties.

Price Trends Over Time — After peaking in 2022 at £334,000, prices have declined sharply. The 2025 average of £277,000 represents a notable drop from the prior year, continuing the longer-term downward trajectory observed since 2021.

What Stands Out — Stamford commands exceptional prices averaging £646,000 despite minimal transaction volume (154 sales), contrasting sharply with central Peterborough's £305,000 average across 16,146 sales. Semi-detached and detached homes dominate the market by volume, together accounting for the majority of activity.