Peterborough: should you rent, buy, invest or live here?
The most useful local property guide in Cambridgeshire — DR Rent Area Scores, rental & investment insight, schools, dining, things to do, commuting, developments and live homes across PE1, PE2, PE3.
Peterborough DR Rent Area Score™
One score that combines rental demand, investment, family life, commuting, lifestyle and food.
Renting in Peterborough
The Peterborough rental market in Cambridgeshire is active and competitive, with average rents around £1,585 pcm and rents up roughly 7.3% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across PE1, PE2, PE3.
Rental competition
How hard tenants compete for each property type in Peterborough.
- StudioMedium
- 1 bedLow
- 2 bedHigh
- 3 bedMedium
- Family homesVery high
Average time to let
20 days
Tenant demand
Moderate
Best for
Who tends to rent well in Peterborough.
- Professionals
- Families
- Commuters
- Couples
- First-time renters
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £648 | £7,776 |
| 1-bed flat | £1,235 | £14,820 |
| 2-bed flat | £1,544 | £18,528 |
| 3-bed house | £1,976 | £23,712 |
| 4-bed house | £2,548 | £30,576 |
Featured properties in Peterborough
Premium and featured homes listed by landlords on DR Rent across PE1, PE2, PE3.
Buying in Peterborough
What buyers and first-time buyers can expect from the local sales market.
Average price
£352,000
Price growth (1yr)
+3.9%
Buyer demand
Low
Supply
Medium
First-time buyer suitability
Reasonable for the South East
Buying snapshot
Buyers in Peterborough face low competition with prices around £352,000 and growth of about 3.9% over the last year. Reasonable for the South East.
Investing in Peterborough
With an average property price near £352,000 and gross yields around 5.1%, Peterborough offers landlords a balance of capital growth and rental income. Prices have moved about 3.9% in the last year, and moderate tenant demand helps keep void periods short.
Landlord opportunity score
8/10What tenants are looking for
Live DR Rent demand signal for Peterborough — nobody else has this.
- 1Garden flats
- 2Furnished 1 bed flats
- 3Properties near the station
- 4Family homes near schools
Family living & schools in Peterborough
Schools, Ofsted ratings and family facilities that drive long-term family lettings.
| School | Type | Ofsted | Distance |
|---|---|---|---|
| Peterborough Primary School | Primary | Good | 1.5 mi |
| St Mary's C of E Primary, Peterborough | Primary | Good | 1.4 mi |
| Peterborough Junior Academy | Primary | Outstanding | 0.7 mi |
| Peterborough Grammar School | Secondary | Outstanding | 0.4 mi |
| Peterborough Community College | Secondary | Good | 0.7 mi |
| The Peterborough Academy | Secondary | Outstanding | 0.6 mi |
Family facilities
- Peterborough Leisure Centre & swimming pool
- Local parks and playgrounds
- Public library
- Soft play and family cafés
- NHS GP surgeries and pharmacies
- Weekend markets and community events
Eating out in Peterborough
Popular restaurants, takeaways and coffee shops with ratings and distance.
The Peterborough Brasserie
0.4 mi from Peterborough centre
Spice of Peterborough
1.3 mi from Peterborough centre
Bella Cucina
0.4 mi from Peterborough centre
The Garden Kitchen
2.3 mi from Peterborough centre
Peterborough Tandoori
2.3 mi from Peterborough centre
Coffee & Co, Peterborough
2.1 mi from Peterborough centre
Socialising in Peterborough
Pubs, bars, nightlife, entertainment and shopping.
The Crown, Peterborough
0.6 mi from Peterborough centre
The Railway Tavern
0.9 mi from Peterborough centre
Vault Bar
0.8 mi from Peterborough centre
Peterborough Live Lounge
1.1 mi from Peterborough centre
The Riverside Inn
0.3 mi from Peterborough centre
Peterborough Shopping Centre
1.1 mi from Peterborough centre
Things to do in Peterborough
Gyms, sports clubs, cinemas, golf, walking routes and family attractions.
Peterborough Sports & Fitness
1.7 mi from Peterborough centre
Peterborough Cricket Club
0.9 mi from Peterborough centre
Parkland Golf Club
0.5 mi from Peterborough centre
Peterborough Cinema
1.8 mi from Peterborough centre
Riverside Walking Route
2.1 mi from Peterborough centre
Peterborough Adventure Park
2.1 mi from Peterborough centre
Commuting from Peterborough
London, Heathrow, Reading and motorway connections with typical travel times.
| Destination | Mode | Typical time |
|---|---|---|
| London (central) | Train | 39 min |
| London Paddington | Elizabeth Line / GWR | 35 min |
| Reading | Train | 19 min |
| Heathrow Airport | Car / bus | 28 min |
| M4 motorway | Car | 14 min |
| M25 motorway | Car | 22 min |
Local developments in Peterborough
What's coming soon and how it could affect the local market.
Peterborough town centre regeneration
Under construction
New residential scheme near PE1
Approved
Peterborough retail & leisure quarter
Planning
New primary school provision
Proposed
Transport & station improvements
Funded
Local services in Peterborough
Verified contractors covering PE1, PE2, PE3 — connected to the DR Rent marketplace.
EPC Assessors in Peterborough
Accredited domestic energy assessors producing valid EPCs for rental properties.
View epc assessorsGas Engineers in Peterborough
Gas Safe registered engineers issuing annual landlord gas safety records.
View gas engineersElectricians in Peterborough
Registered electricians carrying out EICR inspections and remedial works.
View electriciansPlumbers in Peterborough
Reliable plumbers for repairs, leaks, heating and bathroom works.
View plumbersInventory Clerks in Peterborough
Independent inventory clerks producing detailed check-in and check-out reports.
View inventory clerksProperty Photographers in Peterborough
Professional property photographers and floorplans to let faster.
View property photographersRenting & compliance in Peterborough
The certificates and rules every local landlord must stay on top of.
EPC (Energy Performance Certificate)
Rentals in Peterborough must hold a valid EPC rated E or above before marketing.
Annual gas safety (CP12)
Every gas appliance must be checked yearly by a Gas Safe registered engineer.
EICR (electrical safety)
A satisfactory electrical report is required at least every five years.
Deposit protection
Deposits must be protected in a government scheme within 30 days.
Right to Rent
Tenant immigration status must be checked before a tenancy begins.
Renters' Rights Act
New rules are reshaping how landlords let property across Cambridgeshire.
More local data for Peterborough
Coming soon: schools, crime, transport, planning and investment forecasts.
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