Peterborough's
vast selection of
houses - from starter
homes to substantial
properties in
attractive villages -
provides outstanding
quality and value.
Residential property
Peterborough and the surrounding area offers homes for a fraction of the price of
similar properties in London, despite being only 50 minutes away.
According to the BBC the average price for a semi-detached residential property
in London is now over £387,000. The average semi-detached property in Cambridge
– just down the road from Peterborough – costs around £280,000 while in neighbouring
Huntingdonshire the average price is about £178,000.
In Peterborough you would expect to pay, on average, just £154,000 for the same
semi-detached home.
According to the Joseph Rowntree Foundation, house price to income ratios in Peterborough
are the lowest in the East of England and the South East – making this the most
affordable place to live throughout these two regions.
You can compare house prices in Peterborough and other parts of England with our
cost of housing calculator.
Centrally located between the East Anglian
fens and the edge of the Midlands, the city also provides an outstanding
quality of life. It is a historic cathedral city with a number of attractions,
leisure facilities and places of cultural interest.
A number of new residential developments are being built in and around Peterborough,
providing thousands of new homes. House building in Peterborough hit an 18-year
high in 2006/7 with 1,265 properties being constructed – 47 per cent higher than
the 2005/06 total of 862. It was the highest number since 1989.
The Hampton township
on the southern edge of Peterborough will eventually provide 7,300 homes for 18,000
people. Two neighbourhoods, Hampton Hargate and Hampton Vale, are already established
with around 2,000 homes.
Meanwhile, around 1,500 new homes are set to be built at Stanground and 1,200 at
Paston. Nine hundred homes are being built on land formerly occupied by British
Sugar's manufacturing plant in Woodston while other major developments are being
built at the East of England Showground and off Oundle Road.
Work has recently begun on building 550 homes at Potter’s Way in Fengate. In the
first stage of the scheme, developer Bellwinch Homes is putting up 261 apartments.
Looking to the future, national regeneration agency English Partnerships recently announced that a site in Peterborough
is to become the country’s second zero carbon community in its Carbon Challenge. Around 450 environmentally sustainable
homes are to be built at South Bank Phase 1 (Glebe Road) in the city centre.
Outside the city a large number of small towns and villages give an unlimited choice
of rural homes – from stone-built cottages to large manors set in their own grounds
– all within easy travelling distance of Peterborough.
Several Peterborough-based housing associations offer not just homes for rent but
also ‘shared equity’ schemes in which people can purchase part of a home and rent
the rest from the housing association. Details are available from:
A number of estate agents in Peterborough offer homes for sale.
Briggs Residential
17 Market Place, Market Deeping, Peterboroug
Telephone: 01778 349300
Carter Jonas
43 Priestgate, Peterborough
Telephone: 01733 588688
City and County Estate Agents
11-13 Cowgate, Peterborough
Telephone: 01733 563965
Cook and Ward
44 Cowgate, Peterborough
Telephone: 01733 774444
Connell Estate Agents
14 Cowgate, Peterborough
Telephone: 01733 314775
Dakings
37 Broadway, Peterborough
Telephone: 01733 344222
Dial Homes
228 Lincoln Rd, Peterborough
Telephone: 01733 313010
Fitzjohn Ingle
4 Fortune Building, Cowgate, Peterborough
Telephone: 01733 555520
Grays The Estate Agent
Peterborough branch
Somersby House, 73 Broadway, Peterborough
Telephone: 01733 313313
Quentin Marks
15 King Street, Peterborough
Telephone: 01733 770770
Your Move
28-30 Cowgate
Telephone: 01733 558855
William H,Brown
7-9 Cowgate, Peterborough
Telephone: 01733 311022
Many of the agents above handle rented property as well as sales. An additional
list of agents specialising in rental can be found here.
If you click here
you can search an extensive list of homes for sale, searching for your ideal home
by postcode or by proximity to local schools. The site also gives details of homes
for rent.