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Peterborough · report

Renovation in Peterborough

In 2025, 6% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
6%

Homes finished in Peterborough, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
20251,153—761,229
2024691—166857
2023693—76769
2022772—226998
20211,067—1841,251
20201,075—581,133
2019978—1331,111
2018682—26708
2017791—4111,202
2016784—137921
20151,166—1801,346
2014830—32862
2013761—55816

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Peterborough

Sale prices have an 80% chance of landing between £209,677 and £235,109 by August 2027.

Expected, August 2027
£222,393
Chance of a rise
18%

At the average sale price, a home costs £231,634. With 10% down and a 30-year mortgage, the payment is £1,069 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
18%
Payment, one income
36%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,014
Owning per month
£1,091

0.6% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
750
Per 1,000 residents
3.3

Figures for United Kingdom: Peterborough has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 4 times since 1995. The deepest began in September 2007.

Deepest fall
−20.8%
Recovery from the low
77 months

In 2025 the population grew by 732 while 900 homes were finished: 0.8 new residents for every new home.

New residents per new home, 2025
0.8
Population change, 2025
+732

3.7% of the 87,903 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.7%
Empty homes
3,275