# PE1 5FT Area Summary
The PE1 5FT postcode covers part of central Peterborough, situated close to the city centre and Cathedral Square. This area represents an affordable segment of Peterborough's property market, with an average property price of £138,947 based on 72 properties – significantly below the national average and reflecting the area's position as an accessible entry point for first-time buyers and investors. The locality benefits from excellent transport links, including proximity to Peterborough railway station with fast connections to London King's Cross, making it attractive for commuters.
Property prices in PE1 5FT indicate a market dominated by more modest housing stock, likely comprising a mix of terraced houses, flats, and apartments typical of inner-city Peterborough. The lower average price point suggests this area appeals particularly to young professionals, buy-to-let investors targeting the city's growing rental market, and those seeking affordable homeownership within easy reach of urban amenities. The presence of 72 properties in the dataset indicates reasonable market activity and housing density characteristic of established urban postcodes. The area's affordability, combined with Peterborough's ongoing regeneration initiatives and strong employment base, positions PE1 5FT as a practical choice for budget-conscious buyers seeking city-centre convenience.
The average house price in PE1 5FT, Peterborough is £138,947. Prices range from £113,995 to £187,995.
There are 72 properties in PE1 5FT, Peterborough.
PE1 5FT contains 42 flat / maisonette properties, 30 terraced properties.
Average house prices in PE1 5FT have risen by 13.9% from £122,901 in 2015 to £140,000 in 2024.
PE1 5FT is located in Peterborough, City Of Peterborough, England.
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