Peterborough offers a diverse property market with options ranging from city-centre flats in PE1 to family homes in Werrington and PE4. This guide covers property types, price ranges, key areas, and the best portals to help you find the right home.
What Types of Houses Are for Sale in Peterborough?
| Property Type | Price Range (approx) | Popular Areas | Portal Options |
|---|---|---|---|
| 2 bed houses | £150k–£250k | PE1, PE3 | Rightmove, Zoopla |
| 3 bed houses | £200k–£400k | PE4, Werrington | Rightmove, OnTheMarket |
| Repossessed houses | Below market value | Various | Auction houses, specialist sites |
| New builds | £250k–£500k+ | Werrington, PE7 | Developer websites |
- Most houses for sale in Peterborough are concentrated in postcodes PE1 (city centre) and PE3 (south) with more family homes in PE4 and Werrington.
- 3-bedroom semi-detached houses are the most common property type listed across all portals.
- Repossessed houses often require cash buyers or quick completions; prices can be 10–20% lower than market average.
- Rightmove has the largest inventory for Peterborough, but Zoopla provides additional market trend data.
- Werrington is a popular suburb for families due to good schools and larger gardens.
| Fact | Detail |
|---|---|
| Average house price in Peterborough (2025) | £285,000 (approx) |
| Number of properties listed on Rightmove | 1,200+ |
| Most common property type | 3-bed semi-detached |
| Area with lowest average price | PE1 (city centre flats and terraced) |
| Area with highest demand | Werrington (PE4) |
| Typical time on market | 45–70 days |
Which Areas of Peterborough Have the Most Houses for Sale?
Houses for Sale in Peterborough PE1
PE1 covers the city centre. Properties are mostly flats and terraced houses, making it the most affordable area. Average prices are lower, but buyers should expect smaller living spaces and less green space.
Houses for Sale in Peterborough PE3
South of the city, PE3 includes residential neighbourhoods with a mix of semi-detached and detached homes. It offers good access to the train station and local amenities.
Houses for Sale in Peterborough PE4
PE4 extends north-west and includes Werrington. This area is popular among families because of its schools, larger gardens, and newer developments. Prices tend to be higher than PE1 and PE3.
Houses for Sale in Werrington
Werrington, located within PE4, is a sought-after suburb. It features a range of 3- and 4-bedroom homes, often with driveways and gardens. Demand remains strong, and properties here sell slightly faster than the city average.
Werrington and PE4 attract families due to well-regarded primary and secondary schools. PE1 appeals to first-time buyers and investors looking for lower entry prices near the city centre.
Where Can I Find Houses for Sale in Peterborough Online?
Rightmove – the largest selection
Rightmove lists over 1,200 properties for sale in Peterborough at any given time. The platform offers filtering by postcode, bedroom count, and property type. It is continuously updated.
Zoopla – market data included
Zoopla provides similar listings but also shows price trends and average sale prices for each area. This can help buyers understand whether a property is fairly priced.
OnTheMarket – user-friendly search
OnTheMarket is a smaller but growing portal. It focuses on listings from independent agents and can sometimes include properties not found on the larger platforms.
Local agency websites
Estate agents such as Frank Modern and City & County list their own inventories. These sites may feature exclusive listings or properties that are not yet syndicated to major portals.
Use Rightmove for breadth, Zoopla for price context, and check local agent sites for potential off-market deals. The HomeOwners Alliance buying a repossessed property guide offers additional tips for auction purchases.
Repossessed houses may not always be clearly labelled on portals. Use filters like “For Sale by Auction” or search for “repossessed” in descriptions. Always arrange a survey before bidding.
Recent Market Trends in Peterborough (2024–2025)
- – Price correction after 2022 peak: about 3% decline across the region.
- – New housing developments launched in Werrington and Hampton areas, increasing supply.
- – Number of repossessed listings rose due to higher interest rates, offering bargain opportunities.
- – Steady demand returned; prices stabilised around £280,000–£285,000 average.
What to Know About Repossessed Houses in Peterborough
| Established information | Information that remains unclear |
|---|---|
| Repossessed houses are sold by lenders or auctioneers, usually as-is. | Condition of the property may be unknown; surveys are essential. |
| Prices are often lower than comparable non-repossessed properties. | Legal process can be longer if the lender delays. |
| Buyers typically need a mortgage in principle or cash to proceed quickly. | Not all repossessed listings are labelled clearly on portals. |
Understanding the Peterborough Housing Market
Peterborough offers a mix of city centre apartments, suburban family homes, and commuter-friendly properties. The market is influenced by its transport links (London 50 minutes by train), new developments, and affordability compared to Cambridge. Postcodes like PE1 offer cheaper entry points, while PE4 and Werrington attract families. Repossessed properties add an opportunity for bargain hunters but come with risks. Comparing portals (Rightmove, Zoopla, OnTheMarket) is essential to get the full picture.
Where Do These Insights Come From?
Find properties with Rightmove – the UK’s largest selection of properties.
– Rightmove – Properties For Sale in Peterborough
Find properties with Rightmove – the UK’s largest selection of properties, and learn more in our Russell Kane biography.
Browse detached and semi-detached houses for sale with the UK’s largest data-driven property portal.
Find the latest properties available for sale in Peterborough with the UK’s most user-friendly property portal.
What Should You Do Next?
Start by checking current listings on Rightmove and Zoopla. Use the “For Sale by Auction” filter to find repossessed properties. Contact local estate agents like Frank Modern or City & County for exclusive listings. Monitor the Land Registry House Price Index to gauge market trends. For more context, see our Peterborough Housing Market Research Summary.
What is the average price of a house in Peterborough?
As of 2025, the average house price in Peterborough is approximately £285,000, though this varies significantly by postcode and property type.
Are repossessed houses cheaper in Peterborough?
Yes, repossessed houses often sell for 10–20% below market value, but they are sold ‘as seen’ and buyers should arrange a full survey.
Which area of Peterborough has the best schools?
Werrington and areas in PE4 are known for good primary and secondary schools, making them popular with families.
How long does it take to sell a house in Peterborough?
The average time from listing to completion is around 45–70 days, depending on market conditions and property type.
Do I need to use an estate agent to buy a house in Peterborough?
No, you can search on portals yourself and contact sellers directly, but using an agent can help with negotiations and paperwork.
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Thomas Whitmore covers politics, public policy and government affairs for BritView.uk.