Typical 3-bedroom house£245kmost £198k–£283k
Houses per m²£2,954flats £2,363
Sold last year3282,463 in five years
Prices in Peterborough-0.1%on a year ago
A typical 3-bedroom house in PE2 sold for £245,245 over the last five years, in today's money; most went for between £198,495 and £283,394, for about 87 m² of space. That is 3% less than the same home across Peterborough (£254,000).
328 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £92k for one bedroom. Within the district, houses cost the least per m² in PE2 5 (£2,752) and the most in PE2 6 (£3,462).
Across Peterborough, prices are down 0.1% on a year ago and up 15.3% over five years. Renting a similar home there costs about £1,079 a month; a 90% mortgage on the typical price would be around £1,118 a month at 4.5% over 30 years. Lenders would typically want a household income of about £49,000 for that mortgage: what £50,000 buys.
Questions about PE2
Is PE2 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 3% less than across Peterborough; prices in Peterborough are down 0.1% on a year ago; the best state primary nearby is above the England average (76% against 64%); the best secondary is above it (69.8% against 43.8%); 328 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in PE2?
A typical 3-bedroom house in PE2 sold for £245,245 over the last five years, in today's money. Most sold between £198,495 and £283,394.
Is PE2 expensive for Peterborough?
A 3-bedroom house in PE2 costs 3% less than the typical 3-bedroom house across Peterborough (£254,000).
How many homes sell in PE2 each year?
328 homes sold in the last year and 2,463 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near PE2?
The best-performing state primary within 2 km is Nene Valley Primary School, where 76% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near PE2?
For a 3-bedroom house, PE3 (£217k, 3 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.