House prices in PE (Peterborough)

Price per square metre data and charts to help you understand the housing market in PE - stats were last calculated on 01 November 2026.

Defining postcode area 'PE'

This analysis is limited to properties whose postcode starts with "PE", this is also called the postcode area. There are no official postcode area names, so it is labelled PE, Peterborough. It is shown in red on the map below.

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Price per square metre

Knowing the average house price in PE is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in September 2026, 83, Andrew Road, Peterborough, PE19 2PP sold for £133,000. Given the internal area of 44 square metres recorded on the EPC, the price per sqm is £133,000 ÷ 44 sqm = £3,022.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on PE and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for houses vs flats in PE

Tip: click on the legend labels to show/hide different property types.

The chart above is called a histogram, it helps you see the distribution of house price per sqm in PE To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £2,771 to £2,937, £2,937 to £3,103, £3,103 to £3,269 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 11,271 sales that took place in PE in the last 12 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in PE, Peterborough. Notably, only 25% of properties that sold recently were valued at more than £3,370 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of PE homes.

Box plot of £ per sqm for PE

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. PE. The chart above shows a boxplot for 'PE' broken down by property type (Flats, Semi-detached, Detached and Terraced). Almost everywhere houses command higher prices per square metre than flats, and detached houses most of all.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'PE' is £2,800.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 11,271 sales in PE half were sold for between £2,250 and £3,370 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property sales the box is based on.

    • Does £ per sqm vary by property size and type?

    A common question is whether price per sqm varies by property size and type. In other words can we fairly compare the price per sqm between two properties of different sizes? The charts below go some way to answering this question in the context of PE. TLDR; there is some effect, but after you control for property type the effect is less than you might expect.

    The first chart shows the distribution of price per sqm by property size. This shows that as the size of properties increase, there is not a significant corresponding change in £ per sqm. The second chart shows the same distribution split by property type. Custom charts are available with a paid plan.

    Density distribution
    Price per square metre distribution by property size
    Density distribution for PE

    Shows the distribution of property prices per square metre in PE.

    Distribution by property type
    Price per square metre distribution by size and property type
    Property types distribution for PE

    Shows the distribution of different property types in PE.

    Property price map for Peterborough

    Have a look at the interactive price map. Use it to explore house prices in 'Peterborough' all the way down to individual property plots.

    House price heatmap showing property values across Peterborough 🔍 Explore map ›

    Price trends

    House prices in 'PE' Peterborough grew 0.1% in the last year, -3.0% after inflation. Whether or not this trend will continue depends on many factors. No one can say what house prices will do in the future. The chart below plots price trends for postcode area 'PE', split by property type. You can extrapolate from this based on what you think will happen to wage growth, net migration, interest rates and the level of house building.

    House price index for PE

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'PE' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in PE and is set to 100 in 2004. The chart compares trends for Flats vs Houses in PE. You can see how different they are. Keep this in mind when you see any price index that doesn't provide this breakdown.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for PE
    All Flats Houses
    Nominal Real Nominal Real Nominal Real
    20 yr per annum 2.5% -0.3% 0.8% -1.9% 2.6% -0.2%
    20 yr total 63.5% -6.1% 18.1% -32.2% 67.5% -3.9%
    10 yr per annum 3.1% -0.3% 1.1% -2.2% 3.2% -0.2%
    10 yr total 35.3% -3.0% 11.9% -19.8% 37.1% -1.7%
    5 yr per annum 1.9% -3.0% 0.1% -4.7% 2.0% -2.8%
    5 yr total 9.6% -14.0% 0.3% -21.4% 10.4% -13.4%
    1 yr per annum 0.1% -3.0% -1.5% -4.5% 0.1% -3.0%
    1 yr total 0.1% -3.0% -1.5% -4.5% 0.1% -3.0%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, All have seen a -0.3% annual change when adjusted for inflation. This translates to a total change of -6.1% in real terms.
    • Over the past 5 years, Houses have seen a -2.8% annual change when adjusted for inflation. This translates to a total change of -13.4% in real terms.

    Snakes & Ladders

    See the recent winners & losers in the PE property market. This is not deep analysis - it is a nosy, tabloid-style peek at the local property market.

    Explore PE winners & losers
    Listing photo for 10 Whistler Road
    Snake
    10 Whistler Road
    PE19 7RT
    -14.6%
    annualised change
    Listing photo for 25 Crow Hall Estate
    Ladder
    25 Crow Hall Estate
    PE38 0DG
    +69.7%
    annualised change

    PE's constituents

    The analysis on this page encompasses the entirety of PE. If you want more granular analysis on different parts of PE, use these links.

    Postcode district Lower quartile Median Upper quartile Sales in last 2yr
    PE1 Peterborough £1,970 sqm £2,410 sqm £2,870 sqm 890
    PE10 Bourne £2,350 sqm £2,770 sqm £3,110 sqm 987
    PE11 Spalding £1,990 sqm £2,330 sqm £2,660 sqm 1,529
    PE12 Holbeach £2,030 sqm £2,440 sqm £2,780 sqm 1,463
    PE13 Wisbech £1,790 sqm £2,230 sqm £2,590 sqm 994
    PE14 Upwell £2,150 sqm £2,550 sqm £3,000 sqm 651
    PE15 March £2,260 sqm £2,660 sqm £3,040 sqm 997
    PE16 Chatteris £2,290 sqm £2,720 sqm £3,100 sqm 427
    PE19 Eynesbury £3,070 sqm £3,650 sqm £4,130 sqm 1,728
    PE2 Peterborough £2,230 sqm £2,790 sqm £3,250 sqm 1,341
    PE20 Kirton £1,950 sqm £2,320 sqm £2,630 sqm 517
    PE21 Boston £1,530 sqm £1,990 sqm £2,370 sqm 1,245
    PE22 Sibsey £1,970 sqm £2,360 sqm £2,780 sqm 523
    PE23 Spilsby £2,020 sqm £2,400 sqm £2,870 sqm 291
    PE24 Chapel St Leonards £1,960 sqm £2,430 sqm £2,900 sqm 380
    PE25 Skegness £1,630 sqm £2,130 sqm £2,630 sqm 687
    PE26 Ramsey £2,500 sqm £2,830 sqm £3,160 sqm 424
    PE27 St Ives £3,300 sqm £3,730 sqm £4,120 sqm 607
    PE28 Sawtry £3,080 sqm £3,470 sqm £3,880 sqm 1,705
    PE29 Huntingdon £2,740 sqm £3,300 sqm £3,860 sqm 934
    PE3 Bretton £2,030 sqm £2,500 sqm £3,060 sqm 576
    PE30 Kings Lynn £2,010 sqm £2,560 sqm £3,150 sqm 1,283
    PE31 Heacham £3,040 sqm £3,570 sqm £4,170 sqm 740
    PE32 Gayton £2,510 sqm £3,090 sqm £3,540 sqm 417
    PE33 Watlington £2,380 sqm £2,760 sqm £3,170 sqm 433
    PE34 Terrington St Clement £2,330 sqm £2,700 sqm £3,130 sqm 355
    PE36 Hunstanton £2,760 sqm £3,500 sqm £4,420 sqm 304
    PE37 Swaffham £2,370 sqm £2,840 sqm £3,220 sqm 487
    PE38 Downham Market £2,500 sqm £2,910 sqm £3,430 sqm 597
    PE4 Werrington £2,530 sqm £2,930 sqm £3,290 sqm 823
    PE5 Castor £3,300 sqm £3,600 sqm £4,220 sqm 34
    PE6 Deeping St James £2,630 sqm £2,980 sqm £3,330 sqm 1,167
    PE7 Whittlesey £2,450 sqm £2,870 sqm £3,300 sqm 2,261
    PE8 Oundle £2,730 sqm £3,370 sqm £3,910 sqm 569
    PE9 Stamford £3,090 sqm £3,590 sqm £4,150 sqm 1,054

    Nearby geographies

    The table below shows how 'PE' compares to the other postcode areas nearby 'PE'.

    Area Lower quartile Median Upper quartile Sales in last 1yr
    SG- Stevenage £3,880 sqm £4,570 sqm £5,360 sqm 4,628
    PE- Peterborough £2,250 sqm £2,800 sqm £3,370 sqm 11,271
    NR- Norwich £2,570 sqm £3,080 sqm £3,590 sqm 9,566
    NN- Northampton £2,500 sqm £3,040 sqm £3,560 sqm 8,862
    NG- Nottingham £2,070 sqm £2,620 sqm £3,150 sqm 13,720
    MK- Milton Keynes £3,300 sqm £3,900 sqm £4,460 sqm 6,400
    LN- Lincoln £2,110 sqm £2,570 sqm £3,000 sqm 4,017
    LE- Leicester £2,560 sqm £3,070 sqm £3,540 sqm 11,091
    IP- Ipswich £2,640 sqm £3,150 sqm £3,680 sqm 7,647
    CB- Cambridge £3,400 sqm £4,180 sqm £5,150 sqm 4,338

    Raw data

    Our analysis of PE is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    83, Andrew Rd, £133,000
    Sep-2026
    		 44 3,022
    31, Lander Crescent, £190,000
    Sep-2026
    		 62 3,064
    15, Shackleton Way, £287,500
    Sep-2026
    		 139 2,068

    Search the raw data here.

    About

    HouseMetric brings together Land Registry records, freehold boundaries, estate agent photos, floor plans, and planning applications into a single interactive platform. Alongside raw records, it delivers deep property-market analysis and thematic heatmaps.

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