Why Buy in Peterborough: House Prices, New Homes and Local Favourites

Thinking about making a move to Cambridgeshire? With its blend of city buzz, countryside calm and fantastic value for money, Peterborough is fast becoming one of the East of England’s most desirable places to live. From riverside walks and historic architecture to modern homes designed for comfort and sustainability, this is a city where life feels well-balanced, and a genuinely great place to live.

Why homebuyers are choosing Peterborough.

There’s a wide choice of properties for sale in Peterborough to suit every stage of life and homes here are more affordable than the UK average, meaning your money can go much further. The latest figures from the ONS show the average house prices in Peterborough were £229,000 in July 2025. That’s just a touch higher than last year’s £228,000, a modest 0.3% rise, showing the market is steady and a promising prospect for home movers.

For families, that’s good news. It means you can find the right home – whether you’re taking a first step onto the ladder, need extra bedrooms for a growing family, or want a garden where the kids can play – without having to stretch your budget too far,

Peterborough also continues to be great value compared to nearby areas in the East of England, so you don’t have to compromise on location to get a home that works for you. Add in good schools, parks, and convenient transport links and you’ve got a city that’s ticking a lot of boxes.

New Build Homes in Peterborough: Two Developments to Explore

Whatever stage of the buying journey you’re on there’s plenty of choice for everyone in this bustling city. If you’re searching for stylish and energy efficient new build homes in Peterborough, then we have got you covered!

Allison Homes has two attractive developments located in the sought after areas of Thorney and Wittering, offering a choice of three and four bedroom semi-detached and detached properties. Each provide comfortable, modern living and blend innovative design with eco-conscious features.

Abbey Park, Thorney

Abbey Park is just eight miles from Peterborough and offers a fantastic collection of detached four-bedroom detached homes priced from only £410,000. Properties boast modern flexible layouts and are built with the future in mind with EPC A-ratings, garages and EV charging as standard.

Families and commuters with benefit with convenient local transport and rail links, lots of amenities and local green space. So, whether you’re stepping onto the property ladder for the first time, looking for a family home or want an easy journey into London, Abbey Park delivers on every front.

And that’s not all – some plots come with added perks like deposit boosts, specification upgrades, or part exchange deals. Speak to our friendly team for all the ways we can help to make your move smoother and save you money at the same time.

Harriers Rest, Wittering

If a countryside lifestyle sounds like your dream, Harriers Rest is sure to win you over. This thoughtful collection of three and four-bedroom homes in the charming village of Wittering is surrounded by green open spaces offering a peaceful, rural feel.

You won’t have to go far to find the bright lights of the city however as Peterborough is just 9 miles away making this development ideal for those looking for a blend of city and countryside living. This attractive development has been a huge hit with buyers and there’s only a few properties remaining, so you’ll need to be quick if you don’t want to miss out!

If buying a home in Peterborough sounds appealing then check out our current homes for sale here, and see why so many are asking is Peterborough a good place to live – the answer, for most, is a resounding yes.

Secret spots the locals love

With its blend of city life and countryside charm it’s no surprise that Peterborough has something to excite everyone. From fascinating history to beautiful green spaces and quirky finds, it’s a good place to live and full of surprises waiting to be explored.

Whether you’re on the hunt for fun family days out, peaceful riverside walks or unique cultural experiences there’s a wealth of well-loved places that the locals cherish. Here’s a selection of our favourite spots easily accessible from our Peterborough developments.

Food and Drink

There’s not much better than a good village pub with great food and atmosphere and The Rose and Crown in Thorney delivers just that. Once a former coaching inn and hotel, this charming village pub has been given a recent top-to-toe refurbishment transforming it into a stylish yet welcoming venue.

The menu champions locally sourced, seasonal ingredients with a modern twist featuring wood-fired pizzas, rotisserie chicken and satisfying Sunday roasts. Whether you’re looking for fine dining, a casual bite, or even an overnight stay this one’s a must-try.

If delicious home baked treats, great tea and freshly brewed coffee are your idea of heaven, then Tea at 18 in Thorney will be your happy place. This luxury tearoom offers a selection of homemade cakes, savouries and barista coffee in a traditional village tearoom setting that’s perfect for spending an afternoon in catching up with friends.

Dog-friendly spaces

Dog-owners will love Thorney Dog Park, a large and secure dog park on the edge of the village with open countryside and river views. You can reserve your own slot online and spend an hour enjoying off-lead fun, training or simply giving your dog a safe space to play while you enjoy a peaceful walk together.

Meanwhile in Wittering Grange Farm Dog Fields has two spacious paddocks for play with your four-legged friend. Both offer around three-acres of open, grassy space that is safe and private. There’s also off-road parking, a dedicated catch-pen, large shelters, picnic benches and wash-down facilities. Our homebuyers love it (and the dogs are pretty impressed too!)

History and culture

Just a short distance from the village of Wittering you’ll find Stamford, one of the country’s very first conservation areas. Renowned for its Georgian and medieval architecture, cobbled streets, historic churches and striking stone buildings it’s a place full of charm and character. Spend the day walking quaint streets, visiting quirky independent shops and sampling local food and drink.

Also in Stamford is the beautiful Burghley Estate, which is home to a whole host of residential, agricultural and commercial properties, hotels and pubs. Visitors can explore the magnificent Burghley House, take as stroll in the landscaped gardens or enjoy one of the many exhibitions.

There are heaps to keep the kids entertained too with a deer park and fab adventure playground, and with cafés and restaurants dotted across the estate, locals love it as a place to combine culture and leisure time.

Ready to make your move? With a wide choice of homes available for sale in Peterborough, attractive house prices in Peterborough, and so much to offer, now is the perfect time. Get in touch with our sales team here and find your perfect Peterborough pad.

Allison Homes Web Article: 18th December 2025