Average Price for property in Peterborough is around £198,738 which varies based on type of property you are interested in and ranges from £282,053 for detached house to around £171,690 for semi-detached. Similarly terraced house is around £136,681 and a flat is worth £111,865. Values have been changing and have risen £510 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,760 in last 6 months, £10,183 in last 1 year, £23,724 in last 2 years, £25,737 in last 3 years, £22,045 in last 4 years and £18,746 in last 5 years.
Currently average asking price of a property in Peterborough is around £226,940 based on approximately 3,484 properties for sale. Same is the case with rental options based on 604 properties up for rent, average asking rent is around £1,033 per month.
Estimated property value in Peterborough is £198,738. Average asking price is £226,940 while average price paid is £177,821 which is up by £10,183 and Avg. asking rent £1,033.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Peterborough area. In last 1 year alone average price buyer paid is around £177,821 based on approximately 3,484 sales in Peterborough area alone. If you compare it to last 3 years sales of 9,946 properties where buyers paid around £169,579. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £167,522 for 15,470 and average amount paid for purchase of approx. 21,024 properties sold in last 7 years comes to about £166,047 per sale.