The experts at The Property Buying Company understand that the housing market can be quite a stressful place.
Prices, rents, yields, growth & much more for the city of Peterborough
Peterborough is a cathedral city located in the district of Cambridgeshire. With a rich history spanning all the way back to the Iron Age, there are no shortage of historical sites in this city.
However, if history is not your speed, there are plenty of other local gems on offer, from shopping centres to galleries, cinemas, independent shops, and bars, to music venues, clubs and more.
A well-connected city, Peterborough has excellent travel links both in and around the city. It is also a hub of art, history, and culture, with several arts, food and drink festivals occurring all over the city yearly.
According to data from the 2021 census, Peterborough’s population increased by 17.4%, from around 183,600 in 2011 to around 215,700 in 2021.
This dramatic increase in population can be attributed to a variety of factors, such as Peterborough's great location, amenities, community, and local market prices.
According to data from Rightmove, the average price of a property in Peterborough over the last year was £252,219.
The most popular property type sold during 2022 were semi-detached properties, selling for an average price of £237,070. Terraced properties fetched an average of £200,084, and detached properties sold for an average of £372,785.
Overall, property prices in Peterborough rose by 7% over the last year and were up 13% on the property price peak of £223,939 in 2020.
Absolutely! There’s no time like the present and there has never been a better time to invest in the Peterborough property market! Peterborough is an exciting up-and-coming city with plenty to offer those looking for investment opportunities.
An exciting mix of older Gothic buildings and modern developments, Peterborough is a city that seamlessly blends old and new architecture together. With a buoyant rental market and plenty of areas looking at redevelopment and rejuvenation, there are lots of reasons why investors are setting their sights on Hartlepool as a property hotspot.
We will buy any UK property, from a detached family house on the outskirts of Peterborough to a city centre apartment, from a property in pristine condition to one needing a complete refurbishment.
The location and shape of your property won't deter us from helping you sell your house fast — in as little as seven days.
As a city that is settled as a halfway point between country living and city life, Peterborough is a city that has something for everyone.
From the bars, restaurants, cafes, sports grounds, libraries and more, there are plenty of plus points to life in Peterborough.
Below, we have broken down some of the best places to live in Peterborough:
For families looking for the best area to live in Peterborough, one of the top picks is the picturesque neighbourhood of Orton Longueville.
Full of housing developments, schools, great transport links and green spaces, it is easy to see what makes Orton Longueville such a popular place to live.
Located just six miles east of Peterborough you will find the town of Whittlesey. Providing the perfect mix of country living and city life, the town of Whittlesey is ideal for those looking to commute.
Complete with its own train station, Whittlesey can provide you with the best of both worlds.
Situated in the south of the city is the up-and-coming suburb of Hampton Vale.
Packed with new housing developments, and local amenities such as shops, cafes, restaurants and more, it is easy to see why it is one of the best areas to live in the city.
We’ll buy any type of UK property, either a detached family house or a town centre apartment, we are in a position to make a cash offer and complete a fast sale.
The location of your property and the condition it is in won’t deter us from helping you achieve a quick house sale – whether the property is in the middle of nowhere or the city centre, in pristine condition or in need of a full refurbishment, we will buy any house quickly.
We operate across the United Kingdom, which includes all areas of Peterborough.
Local Peterborough estate agents will provide you with a service that covers the marketing and negotiations of your house sale.
Typically, your local Peterborough estate agent will use online property portals such as Rightmove and Zoopla to advertise your property and will help you to organise and arrange viewings.
In return for doing the heavy lifting involved with a house sale, real estate agents Peterborough will charge you a percentage of the sale price as a commission.
When you sell a property through estate agents Peterborough, you will usually be charged at an average rate of 3% plus VAT of your original asking price.
This total fee will be without taking into account any hidden costs or packages that attribute to the marketing and negotiating of your property sale.
When it comes to real estate agents in Peterborough, house valuations vary from agent to agent.
The biggest deciding factor in whether or not your valuation will be accurate is the honesty of your agent, who may overvalue your property in order to gain your business.
This will mean that if you go with this estate agent and then struggle to sell, you will be stuck on the open market for months.
According to data from Home.co.uk, it takes an average of 138 days to sell a Peterborough property via an estate agent.
If you are i possession of a slightly unconventional property, then a house auction Peterborough could be the route for you.
When it comes to Peterborough property auctions, it is a good idea to get familiar with the difference between a guide price and a reserve price as these are set for each lot. A guide price is a lot like a valuation, it is the price that the auction house or the seller thinks the house is worth.
On the other hand, a reserve price is the minimum amount a seller is willing to accept for the property, but this figure is often kept quiet.
Peterborough property auctions will typically charge you around £300 to put your home into the auction, on top of the 2.5%+VAT of the selling price.
You should also be wary that may charge further fees for any additional services such as marketing your property and dealing with negotiations.
Yes, they can! Typically, you will find more unusual properties for sale at an auction house, however, any property type can be sold at auction! It is worth bearing in mind though that even if you sell at auction, you are not guaranteed a sale.
The majority of bidders at an auction are developers or investors looking to buy a property that needs modernisation, so there may be better routes than selling your family home on auction.
Typically, an auction house for sale Peterborough will sell for as little as 70% below the market value, but they can occasionally sell for 10% more.
The average is about 85-90% below market value.
If you are seeking a quick sale, then property cash buyers may be the route for you.
Property cash buyers can offer a speedy house sale alongside processing the sale, valuing the property, and payment that can usually be processed within a few days.
Peterborough home buying companies are either a person or a company that can purchase properties outright without the need for a loan or a mortgage.
They can purchase your home faster than a regular buyer on the open market could.
Every cash buyer is different, however, as a rule of thumb, companies that buy houses Peterborough will often complete within two months of accepting an offer.
Here at The Property Buying Company, however, we can buy your property in as little as 7 days.
When you sell with cash buyers in Peterborough, you will still require a solicitor in order to progress the legal side of your sale.
When it comes to selling through cash buyers in Peterborough, the conveyancing timeline can vary from house sale to house sale.
The average waiting time is between 6 - 8 weeks depending on the relationship and quality of your chosen solicitor. When you sell your home through us, we will cover all of your solicitor's costs.
One of the biggest advantages to using Peterborough home buying companies, is that there are no estate agent fees involved with our service. When you accept an offer from us, that is the amount you will accept in FULL in your bank.
When you sell with a property purchasing company in Peterborough, your legal costs will be covered. As a little thank you for selling with us, we will cover all of the legal fees you would typically associate with selling a house.
Another advantage to selling through cash buyers in Peterborough is that there are no hidden fees with our service. When you sell with us, you benefit from our honest, transparent, and upfront service.
As we are Fast property buyers Peterborough, we can tailor the sale time to suit you. Whether you wish to sell in as little as 7 days or as far in advance as 3 months, we are ready to buy your home as soon as you are ready to sell.
When it comes to selling your Peterborough property, there are many reasons you may want to do so through a property purchasing company in Peterborough, besides looking for a fast and free sale.
People may also choose to sell through a sell house fast company because:
If you are in the position of selling an inherited house Peterborough, or you are currently dealing with probate on a Peterborough property, then we can purchase your home and help you swiftly and securely release cash.
If you find yourself trying to stop house repossession Peterborough, then we are here to help. We can buy your house and help you release equity from it before the bank repossesses it.
If you are trying to Sell tenanted property Peterborough, then we can buy your property. We take the hassle out of a tenanted house sale by liaising with tenants and taking over the tenancy once you have accepted our cash offer.
If you were part of a Peterborough property chain that has collapsed and left you without a buyer, we can buy your property in as little as 7 days and get your sale back on track.
Peterborough is an exciting and well-connected city, surrounded by beautiful countryside, offering the best of country life and city living.
However, with an average selling time of 138 days (according to data from Home.co.uk), Peterborough may not be the city for you if you are looking for a fast sale.
Below we have broken down our top tips to help generate interest in your Peterborough home and help you secure your fast sale.
An effective yet simple way you can help generate interest in your Peterborough home is by decluttering and deep cleaning. By going through your house, room by room, you can deep clean, declutter, and reorganise as you go. Leave no sofa cushion unturned and no surface unclean.
A budget-friendly way that you can maintain and freshen up a room is by giving any tired-looking walls a fresh coat of paint. By following these simple steps, you can help the buyer to imagine themselves living in your property.
Another way you can help to generate interest in your Peterborough home is by taking care of any general repairs that need doing in your home.
Repairs that need making would be any unfinished DIY projects, loose tiles, any walls that need a fresh coat of paint, carpets that need replacing, or any mould spots around the home that need removing. A well cared for home will impress buyers and encourage them to want to buy.
It’s time to break out your best pair of gardening gloves, as your Peterborough property could be the key to a quick sale.
Don’t worry, there’s no need to go full gardener’s world on it, simple changes such as cutting grass before viewings, cleaning the patio, painting fences that are looking tired or adding some garden furniture can all add value to your property.
Sell to us:
By selling your Peterborough property to us, you are ensuring that you can sell your house fast in Peterborough.
We will buy your property in as little as seven days, pay all the legal fees usually associated with selling your property, and handle all marketing and negotiations, ensuring that the entire process is as hassle-free as possible.
If you are looking to sell your house and you live in the Peterborough area, why not sell to us? We understand that you may have some questions, so we have drawn up some of our most commonly asked questions and answered them below to help:
The initial offer that you will receive from us is provided with the information you give us about your property paired with our own market research around the area.
If you are happy with our ballpark figure, we will then send one of our Regional Managers to visit the property itself which will, in turn, allow us to provide a more concrete offer.
There are several benefits to selling using a sell house fast company like ourselves, but mostly it's that you can sell your home in as little as seven days for cash, it's entirely hassle-free, and everything is handled for you.
We can buy your home in as little as seven days in Peterborough; however, we know this may not work for some, so we can operate to a timescale that best suits you, whether that is as little as 7 days, or as far away as 3 months time.
Of course! We are proud members of two regulatory boards, the National Association of Property Buyers (NAPB) & The Property Ombudsman (TPO).
And we like to think that our reviews speak for themselves, with over 1,000 5-star reviews rating us as excellent on Trustpilot, you can feel safe in our hands.