Key indicators for buyers
The PE15 market is moderately favourable for buyers. Prices have softened (-6.6%), which could present a buying opportunity. Affordability has improved from a peak of 8.9x in 2021 to 7.4x today. Rising rents (£829/mo, +4.2%) mean the cost of waiting is real.
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 Fenland area
A home in Fenland costs 7.4x the local median salary — moderate, improving from a peak of 8.9x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Fenland area
Average monthly rent in Fenland is £829, up 4.2% 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 Fenland price of £233,636 with a 25% deposit (£58k), a 2-year fixed mortgage at 3.97% costs around £922 per month.
Monthly cost comparison based on current data
Uses PE15 avg. price with Fenland rental data
Monthly mortgage payments (£922) are £93 more than renting (£829). However, buying requires an upfront deposit of £58k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, CARPENTERS WAY, DODDINGTON PE15 0RZ | Terraced | £150,000 | 28 Jan 2026 |
73, NENE PARADE PE15 8TA | Semi-detached | £200,000 | 23 Jan 2026 |
12, FOXGLOVE WAY PE15 8RU | Semi-detached | £270,000 | 23 Jan 2026 |
26, CEDAR AVENUE, DODDINGTON PE15 0LD | Detached | £320,000 | 21 Jan 2026 |
307, NORWOOD ROAD PE15 8JN | Detached | £160,000 | 14 Jan 2026 |
11, OAKTREE CLOSE PE15 8BW | Semi-detached | £175,000 | 9 Jan 2026 |
10, EASTWOOD END, WIMBLINGTON PE15 0QQ | Detached |
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 PE15 sold for £233,636 in 2026, with a median of £200,000 across 11 transactions. Prices fell 6.6% compared to the previous year.
| £200,000 |
| 9 Jan 2026 |
FLAT 7, PHILIP HOULDEN COURT, DAGLESS WAY PE15 8AP | Flat/Maisonette | £125,000 | 8 Jan 2026 |
35, BERRYFIELD PE15 8PN | Detached | £290,000 | 7 Jan 2026 |
33, CHARLEMONT DRIVE, MANEA PE15 0GD | Detached | £445,000 | 7 Jan 2026 |
7, HARVEST CLOSE, DODDINGTON PE15 0SG | Semi-detached | £235,000 | 5 Jan 2026 |
50, HERON WAY, BENWICK PE15 0UA | Flat/Maisonette | £145,000 | 19 Dec 2025 |
6, PARKVIEW LANE, MANEA PE15 0LZ | Detached | £434,000 | 19 Dec 2025 |
18, JUNIPER CLOSE, DODDINGTON PE15 0WQ | Detached | £340,000 | 19 Dec 2025 |
42, REGENT AVENUE PE15 8LR | Detached | £395,000 | 19 Dec 2025 |
8, BENWICK ROAD, DODDINGTON PE15 0TG | Detached | £300,000 | 18 Dec 2025 |
22, TURNBULL ROAD PE15 9RX | Detached | £300,000 | 17 Dec 2025 |
8, CHERRYWOOD AVENUE PE15 9ST | Detached | £210,000 | 17 Dec 2025 |
12, SOUTHWELL CLOSE PE15 8JW | Flat/Maisonette | £65,000 | 17 Dec 2025 |
81, EASTWOOD AVENUE PE15 9NF | Semi-detached | £180,000 | 17 Dec 2025 |
The most recent recorded sale in PE15 was a terraced property on Carpenters Way for £150,000 in January 2026. Across the last 20 sales, the median price was £235,000.