Living in Peterborough
Peterborough is a great place to buy a new home if you want to spend your time in a vibrant and thriving city at the heart of rural East England, bridging the Cambridgeshire, Rutland, Lincolnshire and Northamptonshire borders. Peterborough aims to be the UK’s environment capital and boasts a growing ‘green’ business sector.
The city is also well known for being one of the East of England’s most important historical centres, home to the stunning cathedral and the Bronze Age site at Flag Fen, making it an ideal place for history fans to set up home.
House prices in Peterborough*
The average house value in Peterborough is *£215,065. Terraced properties sell for a current average price of £149,386 and semi-detached properties for £182,794.
*Housing marketing statistics from Zoopla in June 2017
Things to do and see in Peterborough
New homeowners will love the shopping in Peterborough as it boasts thriving centres such as the purpose-built Serpentine Green on the outskirts and the Queensgate in the heart of the city. National and independent stores also share space in the historic Cathedral Square with farmers’ markets, street entertainment and chic wine bars, restaurants and cafes.
With a rich cultural offering, Peterborough provides for all homeowners’ tastes and ages. Throughout the year residents can enjoy a large number of festivals and events on offer both in the city and just outside.
If you are thinking of buying a new house in Peterborough and want to find out more about events in the city, local organisations such as Vivacity and Visit Peterborough are worth exploring to find out exactly what is on, where and when.
Transport links in Peterborough
Many new homeowners opt to buy their new home in Peterborough because of its fantastic transport links to the rest of the UK.
Peterborough is on the East Coast main rail line and the station has benefited from substantial recent investment. Services to King’s Cross take less than an hour and there are direct trains to Cambridge, Stansted Airport, Scotland, the Midlands and North of England.
The A1M motorway from London to Scotland skirts Peterborough, giving easy road access to London, Cambridge and beyond.
Education in Peterborough
Peterborough offers a great selection of schools, colleges and a university - perfect for families of all ages looking to buy a new home in the city.
In the state sector, a large number of high quality primary schools feed into 12 secondary schools and there are also private schools for pupils of all ages.
For further and higher education, students can choose between the regional college, the city college and the university centre – all in Peterborough city centre and easily accessible.
A brief history of Peterborough
What is now modern Peterborough began as a Saxon settlement and throughout history the abbey (now the cathedral) has remained one of its most important focal points.
Wool sales originally supported the economy of the town. Brick manufacturing, corset making and engineering took over this role in the 19th and 20th centuries. Now the city has a diverse and rapidly growing economy supporting many different businesses.