|Homes sold in the last 12 months||317||593||565||547|
|Average house prices||£146,036||£195,167||£290,353||£167,655|
For a compact city, Peterborough packs quite a punch.
The city stands on the banks of the River Nene, to the west of the Fens, and boasts evidence of human settlement in the Bronze Age, while the Anglo-Saxon era saw the building of the monastery which became Peterborough Cathedral.
Property in Peterborough is varied to suit all needs. Terraces, detached homes and semis with anything from one to four bedrooms are to be found across the city, as well as in the surrounding countryside and villages. There is also a great variety of studio flats and other apartments.
The city became a designated New Town in the 1960s, and there has been a bold £1bn regeneration of the central and surrounding areas since, leading to further expansion. Peterborough also boasts one of the UK's fastest growing economies and is traditionally a place of low unemployment.
With its modern, bustling urban centre, the city is a delight for anyone seeking a little retail therapy.
Queensgate Shopping Centre has more than 90 stores, is open all week and has parking for hundreds of vehicles. Cathedral Square is another vibrant central area, with street entertainment, al fresco cafes, Farmers' Markets and more! Or check out the Rivergate centre's independent traders.
A major stop on the East Coast main line, Peterborough is less than an hour away by train from Central London, with regular high-speed services covering the 75 miles to the capital's King's Cross station.
The A1 (M) London to Edinburgh route passes through the city, while the Millennium Green Wheel project provided 50 miles of cycle ways, footpaths and bridleways offering safe, continuous car-free routes across the city.
These great transport links make commuting very convenient, and there is also easy access to London Stansted and East Midlands airports.
This gem of a city is packed with attractions and things to do, including Peterborough Museum, re-opened in 2011 after a £3m refurbishment, and home to a 1,550-year-old woman!
Peterborough Cathedral, forming a dramatic backdrop to the city centre, is a magnificent piece of Norman architecture with a unique thirteenth century nave ceiling and stunning West Front.
Two local theatres offer drama, ballet and concerts, while there are great restaurants serving up dishes from a rich variety of cuisines catering for a wide range of tastes. Bars and clubs keep Peterborough buzzing until the early hours.
The city is also home to a wide range of special events including the annual East of England Show, Peterborough Festival and the CAMRA beer event.
With award-winning parks, watersports, countryside walks and places like Ferry Meadows Country Park on the edge of town, residents can enjoy the amenities of a modern city while still having plenty of breathing space.
Finally, the city is home to the flagship Thomas Deacon Academy, the Voyager School, which has specialist media arts status, and two further education colleges, completing the picture of Peterborough as a city offering a fantastic quality of life.
Source acknowledgement: House price data produced by Land Registry
This material was last updated on 07 May 2020. It covers the period from 01 January 1995 to 23 March 2020. and contains property transactions which have been registered during that period.
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