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Property Price Trends
Lessingham, Peterborough
PE2 5TP City of Peterborough (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the PE2 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
PE2
Most Expensive Property
£18,720,000
Wm Morrison Supermarkets Plc Bellona Drive, PE2 8GP
Sold: 19 March 2024
Cheapest Property
£82,500
69 Brutus Close, PE2 8WP
Sold: 03 November 2023
Data last updated: 30 Dec 1899. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Peterborough, E06000031). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in PE2 5TP?
The graph below shows the five-year capital growth figures for properties for the PE2 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in PE2 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Cambridgeshire?
Homebuyers
For homebuyers in Cambridgeshire, the property market is experiencing steady growth with house prices increasing by 4% in the past year. Popular areas such as Cambridge (postcode region CB1-CB5) and Ely (postcode region CB6) have seen significant demand, leading to a lack of available stock and rising prices. The average house price in Cambridge stands at £475,000, while in Ely it is around £325,000. For those looking for more affordable options, Peterborough (postcode region PE1-PE7) presents as a viable choice with an average house price of £200,000. Overall, the market is competitive in sought-after areas, so buyers should be prepared to act fast and potentially pay above asking price.
Renters
Rent prices in Cambridgeshire have also been on the rise, especially in Cambridge where the average rent is £1,200 per month for a one-bedroom property. However, there is a good range of rental properties available in Peterborough with an average rent of £800 per month for a similar property. For those looking for more affordable options, Wisbech (postcode region PE13) offers rents as low as £550 per month. Despite the increasing prices, the rental market in Cambridgeshire remains competitive, so renters should be prepared to make quick decisions and potentially pay higher rents in popular areas.
Investors
Investors in Cambridgeshire have a promising market to tap into, with high demand for rental properties driving up rental yields. Cambridge, in particular, offers strong rental yields of around 4-5% due to its student population and high employment rates. Areas like Huntingdon (postcode region PE29) and St Neots (postcode region PE19) also present good investment opportunities with rental yields averaging around 5-6%. The current shortage of housing stock in these areas suggests that investing in buy-to-let properties could yield significant returns in the long term. Overall, Cambridgeshire is a lucrative market for property investors looking to capitalize on the region's growing demand for rental properties.
Homebuyers
For homebuyers in Cambridgeshire, the property market is experiencing steady growth with house prices increasing by 4% in the past year. Popular areas such as Cambridge (postcode region CB1-CB5) and Ely (postcode region CB6) have seen significant demand, leading to a lack of available stock and rising prices. The average house price in Cambridge stands at £475,000, while in Ely it is around £325,000. For those looking for more affordable options, Peterborough (postcode region PE1-PE7) presents as a viable choice with an average house price of £200,000. Overall, the market is competitive in sought-after areas, so buyers should be prepared to act fast and potentially pay above asking price.
Renters
Rent prices in Cambridgeshire have also been on the rise, especially in Cambridge where the average rent is £1,200 per month for a one-bedroom property. However, there is a good range of rental properties available in Peterborough with an average rent of £800 per month for a similar property. For those looking for more affordable options, Wisbech (postcode region PE13) offers rents as low as £550 per month. Despite the increasing prices, the rental market in Cambridgeshire remains competitive, so renters should be prepared to make quick decisions and potentially pay higher rents in popular areas.
Investors
Investors in Cambridgeshire have a promising market to tap into, with high demand for rental properties driving up rental yields. Cambridge, in particular, offers strong rental yields of around 4-5% due to its student population and high employment rates. Areas like Huntingdon (postcode region PE29) and St Neots (postcode region PE19) also present good investment opportunities with rental yields averaging around 5-6%. The current shortage of housing stock in these areas suggests that investing in buy-to-let properties could yield significant returns in the long term. Overall, Cambridgeshire is a lucrative market for property investors looking to capitalize on the region's growing demand for rental properties.
Last updated on 31 Mar 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for PE2 5TP
Estimated yield for property investors
3.71%
Yield
The estimated yield for the PE2 5TP postcode area is 3.71%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in PE2 5TP?
The recently sold properties table lists homes around PE2 5TP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 06 March 2024 | £93,000 | 119 Saltmarsh, Orton Malborne, Peterborough, PE2 5NW | Flat/Maisonette | Leasehold |
| 11 March 2024 | £205,000 | 38 Wildlake, Orton Malborne, Peterborough, PE2 5PG | Flat/Maisonette | Freehold |
| 29 February 2024 | £126,000 | 66 Wildlake, Orton Malborne, Peterborough, PE2 5PQ | Terraced | Leasehold |
| 07 February 2024 | £170,000 | 115 Winyates, Orton Goldhay, Peterborough, PE2 5RG | Terraced | Freehold |
| 24 November 2023 | £125,000 | 49 Medworth, Orton Goldhay, Peterborough, PE2 5RX | Terraced | Freehold |
| 15 December 2023 | £170,000 | 44 Medworth, Orton Goldhay, Peterborough, PE2 5RX | Terraced | Freehold |
| 16 June 2023 | £175,000 | 117 Hinchcliffe, Orton Goldhay, Peterborough, PE2 5SS | Terraced | Freehold |
| 01 March 2024 | £173,000 | 86 Hinchcliffe, Orton Goldhay, Peterborough, PE2 5SS | Terraced | Freehold |
| 24 November 2023 | £197,325 | 71 Bifield, Orton Goldhay, Peterborough, PE2 5SW | Terraced | Freehold |
| 07 December 2023 | £565,000 | 5 Arbroath Gardens, Orton Northgate, Peterborough, PE2 6BS | Detached | Freehold |
| 30 November 2023 | £260,000 | 85 Paulsgrove, Orton Wistow, Peterborough, PE2 6YF | Semi-Detached | Freehold |
| 01 March 2024 | £343,000 | 8 Mary Armyne Road, Peterborough, PE2 7DR | Semi-Detached | Freehold |
| 27 November 2023 | £270,000 | 14 St Johns Road, Peterborough, PE2 8BN | Semi-Detached | Freehold |
| 23 November 2023 | £95,000 | 65 Queens Road, Peterborough, PE2 8BS | Terraced | Freehold |
| 02 January 2024 | £87,500 | Garrick House, 76 Flat 11 High Street, Peterborough, PE2 8DR | Flat/Maisonette | Leasehold |
| 26 February 2024 | £300,000 | 20 Libertas Drive, Peterborough, PE2 8FN | Detached | Freehold |
| 26 February 2024 | £210,000 | 52 Linus Grove, Peterborough, PE2 8FX | Semi-Detached | Freehold |
| 18 December 2023 | £260,000 | 89 Apollo Avenue, Stanground, Peterborough, PE2 8GA | Detached | Freehold |
| 19 March 2024 | £18,720,000 | Wm Morrison Supermarkets Plc Bellona Drive, Stanground, Peterborough, PE2 8GP | Other | Freehold |
| 16 February 2024 | £262,000 | 97 Jupiter Avenue, Stanground, Peterborough, PE2 8GQ | Detached | Freehold |
| 29 November 2023 | £230,000 | 153 Coneygree Road, Stanground, Peterborough, PE2 8LQ | Semi-Detached | Freehold |
| 10 November 2023 | £149,000 | 86 Hawksbill Way, Peterborough, PE2 8NW | Flat/Maisonette | Leasehold |
| 25 January 2024 | £156,300 | 14 Chesterton Grove, Peterborough, PE2 8PB | Semi-Detached | Freehold |
| 02 August 2023 | £275,000 | 49 Desborough Avenue, Peterborough, PE2 8RF | Detached | Freehold |
| 07 August 2023 | £255,000 | 65 Allan Avenue, Peterborough, PE2 8TN | Detached | Freehold |
| 08 December 2023 | £290,000 | 4 Wright Avenue, Peterborough, PE2 8TR | Semi-Detached | Freehold |
| 12 April 2023 | £221,000 | 27 Beeston Drive, Stanground, Peterborough, PE2 8UH | Semi-Detached | Freehold |
| 13 November 2023 | £390,000 | 31 Houghton Avenue, Stanground, Peterborough, PE2 8UR | Detached | Freehold |
| 30 November 2023 | £368,000 | 16 Belton Road, Stanground, Peterborough, PE2 8US | Detached | Freehold |
| 25 August 2023 | £310,000 | 99 Bellona Drive, Stanground South, Peterborough, PE2 8WH | Detached | Freehold |
| 03 November 2023 | £82,500 | 69 Brutus Close, Stanground South, Peterborough, PE2 8WP | Terraced | Leasehold |
| 30 November 2022 | £253,000 | 157 Constantine Drive, Peterborough, PE2 8WS | Semi-Detached | Freehold |
| 24 June 2022 | £240,000 | 139 Constantine Drive, Peterborough, PE2 8WS | Semi-Detached | Freehold |
| 30 June 2022 | £257,000 | 33 Hector Drive, Peterborough, PE2 8XZ | Detached | Freehold |
| 28 October 2022 | £355,000 | 43 Hector Drive, Peterborough, PE2 8XZ | Detached | Freehold |
| 08 December 2022 | £220,000 | 18 Hector Drive, Peterborough, PE2 8XZ | Terraced | Freehold |
| 30 June 2022 | £228,000 | 29 Hector Drive, Peterborough, PE2 8XZ | Semi-Detached | Freehold |
| 04 August 2022 | £168,000 | 19 Hector Drive, Peterborough, PE2 8XZ | Terraced | Freehold |
| 22 December 2022 | £318,000 | 20 Hector Drive, Peterborough, PE2 8XZ | Detached | Freehold |
| 30 June 2022 | £164,000 | 17 Hector Drive, Peterborough, PE2 8XZ | Terraced | Freehold |
| 22 February 2024 | £199,000 | 23 Silver Street, Woodston, Peterborough, PE2 9BU | Terraced | Freehold |
| 11 December 2023 | £297,500 | 7 Sherwood Avenue, Peterborough, PE2 9DB | Semi-Detached | Freehold |
| 22 January 2024 | £275,000 | 164 London Road, Peterborough, PE2 9DU | Semi-Detached | Freehold |
| 27 November 2023 | £310,000 | 255 High Street, Peterborough, PE2 9EH | Detached | Freehold |
| 01 November 2023 | £205,000 | 129 Saxonbury Way, Peterborough, PE2 9EZ | Semi-Detached | Leasehold |
| 19 January 2024 | £415,000 | Lakeside Court 6 Flaxley Road, Peterborough, PE2 9FT | Other | Freehold |
| 29 November 2023 | £185,000 | 3 Huntly Road, Peterborough, PE2 9HU | Terraced | Freehold |
| 30 November 2023 | £204,000 | 1 Peake Close, Peterborough, PE2 9JE | Semi-Detached | Freehold |
| 17 November 2023 | £240,000 | 77 Peake Close, Peterborough, PE2 9JE | Semi-Detached | Freehold |
| 19 October 2022 | £104,500 | 73 Flamborough Close, Woodston, Peterborough, PE2 9LP | Flat/Maisonette | Leasehold |
| 16 October 2023 | £110,000 | 78 Flamborough Close, Woodston, Peterborough, PE2 9LP | Flat/Maisonette | Leasehold |
| 24 November 2023 | £240,000 | 8 Flamborough Close, Woodston, Peterborough, PE2 9LW | Detached | Freehold |
| 20 July 2023 | £150,000 | 28 Cubitt Way, Peterborough, PE2 9NG | Flat/Maisonette | Leasehold |
| 20 July 2023 | £150,000 | 28 Cubitt Way, Peterborough, PE2 9NG | Flat/Maisonette | Leasehold |
| 23 November 2023 | £395,000 | 7 Ruther Close, Peterborough, PE2 9RX | Detached | Freehold |
| 27 October 2023 | £228,000 | 1 Deer Valley Road, Peterborough, PE2 9SN | Terraced | Freehold |
| 08 November 2023 | £365,000 | 20 Hansel Close, Peterborough, PE2 9SR | Detached | Freehold |
Please note that house prices for properties sold in and around PE2 5TP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
