House Prices in Peterborough

The Juno guide to buying a house in Peterborough

As one of England’s historic cathedral cities, Peterborough combines its rich heritage, stunning Norman cathedral, and a dynamic property market. You might be looking to purchase a characterful property near the magnificent Cathedral Square or selling a modern apartment in the popular Hampton development. Perhaps you’re looking further afield, to one of the diverse surrounding areas, such as the picturesque Nene Valley or the charming market town of Stamford.

Below you’ll see interactive maps to rank every Peterborough postcode, showing you the cheapest and most expensive areas in and around Peterborough to buy in, as well as the number of properties listed in each postcode.

Aerial view of Peterborough’s historic cathedral. Image credit: Peterborough Cathedral

Peterborough house prices compared to national average

At £345,000, the average (mean) property price in Peterborough sits just above the national average of £309,000, being just 12% higher. In comparison, Cambridge, its larger neighbour to the south, significantly exceeds Peterborough by 41% with an average house price of £485,000.

Check out our interactive map below to see how Peterborough compares to the rest of the country.

National Average House Price Heatmap (£)

Average House Prices by Peterborough Postcode

In 2025, PE21 is the cheapest with an average price of £220,000 and PE5 was the most expensive postcode with an average price of £600,000.

Over all the Peterborough and surrounding PE postcodes, the average price of properties listed in 2025 is £345,000.

Check out our interactive map below to see the average price of properties listed in each Peterborough Postcode.

Peterborough Average House Price Heatmap (£)

Most Expensive Peterborough Postcode - PE5

In 2025, PE5 was the most expensive postcode with an average price of £600,000.

PE5 is centred around the charming limestone village of Ailsworth and its surrounding conservation area, with an average property price of £600,000, making it the most expensive postcode in the Peterborough region. The properties, numbering around 250, are predominantly houses, many of which are listed buildings, carefully preserved to maintain the area’s distinctive character.

Ailsworth Parish Church. Image credit: Castor & Ailsworth Community Page

The area particularly appeals to those seeking a blend of historic architecture and village life, with strict planning controls ensuring new developments enhance rather than detract from the beautiful environment. The village has managed to retain its rural charm while offering modern amenities including a coffee house, Medical Centre, and photographic studio, though the limited number of properties means availability can be scarce and prices reflect its premium village location.

Cheapest Peterborough Postcode - PE21

PE21 is centered around the historic port town of Boston, known for its iconic St Botolph’s Church (locally called ‘The Stump’) - the largest parish church in England. With an average property price of £220,000, making it the most affordable postcode in the PE region, the area offers a mix of historic and modern properties. The town combines medieval heritage with contemporary amenities, including a market square that has hosted markets since 1125.

The area particularly appeals to those seeking affordable properties in a historic market town setting, with good access to local amenities including shopping centres like Pescod Square and the twice-weekly Boston Market, while its rich trading history is reflected in buildings like the Guildhall and Hussey Tower.

Estimated Property Listings

In the United Kingdom, the average number of properties listed for sale in a postal area is roughly 4,000. The PE postcode dramatically exceeds this with approximately 11,075 properties on the market - a staggering 177% above the national average. This remarkable difference highlights the extraordinary level of market activity in the region, suggesting both significant housing stock and high turnover across Peterborough and its surrounding areas in the central east of England.

Estimated National Property Listings Heatmap

Estimated Peterborough Property Listings Heatmap

In 2025, PE7 leads the market with 775 properties listed for sale, while PE5 (Ailsworth) has just 25 listings. This limited availability in PE5 is unsurprising given the area contains only 250 properties total - it’s a small conservation village. Despite its small size, it commands the region’s highest average price at £600,000, thanks to its historic limestone architecture and protected village status.

Check out our interactive map below to see the estimated number of properties listed in each Peterborough Postcode.

Most properties listed - PE7

Covering the market town of Whittlesey and surrounding historic villages including Yaxley and Stilton, PE7 saw more properties listed than any other PE postcode in 2024 with 775 homes on the market. The area combines rich heritage - from Stilton’s Roman cheese-making origins to Whittlesey’s Fenland market town status - with excellent transport connections, lying just 6 miles east of Peterborough and close to the A1. The postcode stretches south from the edge of Peterborough, encompassing both commuter-friendly communities and historic settlements, with Whittlesey alone home to over 17,000 residents making it one of the region’s largest market towns.

Least properties listed - PE5

Covering the charming limestone village of Ailsworth and its surrounding conservation area, PE5 had the fewest properties listed in 2024 with just 25 homes on the market. The area is predominantly houses, many of which are listed buildings, carefully preserved to maintain the area’s distinctive character.

Choose Juno for buying or selling in Peterborough

We have close partnerships with some of the largest and most prestigious estate agency groups in Peterborough.

Why choose Juno

Whether you’re looking to get on the property ladder for the first time, or buying a second home, choose Juno for all of your conveyancing needs.

Here’s what sets us apart and helps us usher you through the complexities of property transactions with proficiency:

1. Fast completions: While the UK average for conveyancing is 20 weeks, we typically complete in just 14 weeks.

2. Transparent process: As detailed in our guide to online conveyancing, the entire process is visualised through an online dashboard, provided for each client. Progress tracking and query management have never been this easy.

3. Reliable communication: As shown in our client feedback, expect weekly email summaries of your transaction’s progression. Our friendly phone support, answering 95% of calls first time, ensures your queries are addressed promptly.

4. Instant quotes, transparent pricing: There’s no hide and seek with Juno. Get instant quotes and enjoy the clarity of our guaranteed, no-hidden-extras pricing.

5. Highly rated on Trustpilot: Don’t just take our word for it - our customers have given us 4.9 out of 5 on Trustpilot.

6. The Juno guarantee: The unique ‘Second Chance Guarantee’ has got your back for a second attempt, should your first property purchase encounter unexpected hurdles. And guess what, no fees on sale cases failing to reach completion.

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All data displayed is collected from multiple sources, including publicly available property listing information, market data and Juno’s internal database of property transactions.