Peterborough Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Peterborough: Northern gateway city with significant growth agenda and affordable development land.

The Peterborough property market recorded 2,684 residential sales in the 12 months to 31 May 2026, with a median sale price of £235,000. This places Peterborough £77k below the Cambridgeshire county median of £311,749, and £50k below the approximate UK median of £285,000.

Prices in Peterborough have recorded a moderate decline, a year-on-year change of -3.1%. Within Cambridgeshire, Peterborough ranks 7th by price out of 8 principal towns, and 1st by transaction volume.

On a quarterly view, Peterborough median prices moved from £249,500 in Q3 2024 to £240,000 in Q4 2025, a change of -3.8% over 5 quarters. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.

Property prices in Peterborough vary significantly by type. The table below compares Peterborough prices with Cambridgeshire county averages and UK national figures.

Detached homes in Peterborough command £336,000, while flat properties are most accessible at £120,000. The £216k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 174 new-build sales in Peterborough for the past 12 months, 6.5% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Peterborough sold at a premium of 27.8% to existing stock.

Across the wider Cambridgeshire market, 471 new-build sales have registered so far. See our Cambridgeshire property market report for the full county picture.

The table below shows the most recently registered residential sales in Peterborough, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £125,000 to £300,000 illustrates the breadth of the Peterborough market.

For developers considering Peterborough, the local market data translates directly into finance structuring. With a median value of £235,000 and detached homes at £336,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Peterborough with a GDV of £336,000 would attract senior debt of approximately £218,400 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 3.1% year-on-year, experienced developers can still generate strong returns in Peterborough by targeting well-located sites with clear demand drivers.

Ready to develop in Peterborough? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Peterborough's market in context, the table below compares it with similarly-priced towns across Cambridgeshire:

For the full Cambridgeshire town-by-town breakdown, see our comprehensive Cambridgeshire property market report.