29,028 recorded transactions · Part of City of Peterborough
Compare with another area →Key indicators for buyers
The PE2 market is moderately favourable for buyers. Prices have softened (-23.5%), which could present a buying opportunity. Affordability has improved from a peak of 7.5x in 2022 to 6.7x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider City of Peterborough area
A home in City of Peterborough costs 6.7x the local median salary — moderate, improving from a peak of 7.5x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider City of Peterborough area
Average monthly rent in City of Peterborough is £974, up 1.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average City of Peterborough price of £218,000 with a 25% deposit (£55k), a 2-year fixed mortgage at 3.97% costs around £860 per month.
Monthly cost comparison based on current data
Uses PE2 avg. price with City of Peterborough rental data
Monthly mortgage payments (£860) are £114 less than renting (£974). However, buying requires an upfront deposit of £55k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
22, PROSPERO CLOSE PE2 9JF | Terraced | £135,000 | 22 Jan 2026 |
27, WALGRAVE, ORTON MALBORNE PE2 5NR | Terraced | £152,000 | 16 Jan 2026 |
46, AYRES DRIVE PE2 8JR | Semi-detached | £248,000 | 15 Jan 2026 |
55, WOOTTON AVENUE PE2 9EQ | Terraced | £185,000 | 14 Jan 2026 |
59, KELBURN ROAD, ORTON NORTHGATE PE2 6BY | Terraced | £255,000 | 14 Jan 2026 |
35, HAVELOCK DRIVE PE2 8NP | Semi-detached | £216,000 | 13 Jan 2026 |
200, BELSIZE AVENUE PE2 9HX | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in PE2 sold for £218,000 in 2026, with a median of £221,000 across 13 transactions. Prices fell 23.5% compared to the previous year.
| £135,000 |
| 13 Jan 2026 |
82, LYTHEMERE, ORTON MALBORNE PE2 5NX | Terraced | £221,000 | 12 Jan 2026 |
1, OBAN DRIVE PE2 6TA | Detached | £280,000 | 9 Jan 2026 |
16, CHERRY ORTON ROAD, ORTON WATERVILLE PE2 5EF | Semi-detached | £230,000 | 9 Jan 2026 |
9, CANDY STREET PE2 9RE | Detached | £295,000 | 9 Jan 2026 |
131, CONSTANTINE DRIVE PE2 8WS | Semi-detached | £300,000 | 8 Jan 2026 |
24, KILHAM, ORTON GOLDHAY PE2 5SU | Terraced | £182,000 | 6 Jan 2026 |
514, KITSON HOUSE, EAST STATION ROAD, FLETTON QUAYS PE2 8UD | Flat/Maisonette | £173,000 | 22 Dec 2025 |
5, OBAN DRIVE PE2 6TA | Terraced | £225,000 | 19 Dec 2025 |
APARTMENT 10, VALLEY PARK VIEW, SUGAR WAY PE2 9QJ | Flat/Maisonette | £115,000 | 19 Dec 2025 |
33, THE DELL, WOODSTON PE2 9QD | Terraced | £175,000 | 19 Dec 2025 |
5, CALDECOTE CLOSE PE2 8LN | Detached | £295,000 | 19 Dec 2025 |
8, OBAN DRIVE PE2 6TA | Terraced | £235,000 | 19 Dec 2025 |
191, HAWKSBILL WAY PE2 8NS | Semi-detached | £270,000 | 19 Dec 2025 |
The most recent recorded sale in PE2 was a terraced property on Prospero Close for £135,000 in January 2026. Across the last 20 sales, the median price was £225,000.