Cash buyers in Peterborough, Cambridgeshire, paid an average of £217,000 for properties in December 2025, according to new figures from the Office for National Statistics. This price is an increase of £5,000 from the previous year, when those buying without a mortgage spent an average of £212,000.
Overall house prices in the city rose by 3.2 percent over the year, reaching an average price of £232,000. This growth was more than double the average for the East of England, where prices increased by 1.5 percent during the same period.
People using a mortgage to purchase a property in the city paid an average of £235,000. This means those paying with cash saved approximately £18,000 compared to buyers who relied on bank loans to complete their purchase.
The changes in the housing market follow the start of building work on the £47.8 million Station Quarter project led by Peterborough City Council. Local leaders are also asking for feedback on a new Local Plan, which will set out the strategy for new housing and growth across the city through 2044.
